Negative MACD on the 3-Day Bitcoin Chart
As of yesterday when the new 3-day candle began, we are facing negative MACD sentiment while testing the support trendline. A close below support suggests an 11% drop target.
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There is still negative momentum on the 3-day chart but the 1-day chart looks to be making a strong reversal pattern so the 3-day momentum may now turn back up. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.