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.
