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Reverse auction is a type of auctions where bidder bid for the price for the services that they are willing to provide. In reverse auction the buyers put up an offer for required goods or services and the sellers bid the amount they want to receive for providing said goods. In the end a seller with the lowest price wins.
The Ichimoku cloud is a gathering of technical indicators that shows support level and resistance level, as well as momentum and direction of the trend. The Cloud is taking multiple averages and projects them on the chart.