Bitcoin has shifted trend to neutral on daily timeframe and has plunged through the Cloud towards the bottom of it and the lower end of a triangle. Some support has been found, but there is no real bounce to talk about, more of indecision and pause. Currently it has failed to break above the Weekly S1 after the close below it yesterday, and this is not a good sign for bulls. However, Bulls will acknowledge the strong support of the Cloud with aid of the triangle. Even a piercing lower could be the markets way of clearing that Yearly pivot point, that ofcourse is acting its gravitational pull from here. A close below the Yearly pivot point and the Dec 22 swing low will open up for a move towards the Monthly S2 and Weekly S3 around 9000 mark. Bulls would like to see price advance and find momentum to close above the Monthly pp at 14300 and preferrably above the Cloud, which would remove some of the seller pressure.
@severt, Choose Ichimoku in the indicator section and use standard setup. I have removed the Tenkan Sen since I don't use the TK cross signal. You change that in the Indicator settings.