$PENDLE $BAKE $FTM

Evaluating the Three Black Crows Pattern - High Risk, High RewardThe Three Black Crows pattern is generally indicative of a bearish trend, yet there are instances where selling pressure diminishes. Effective trade planning and the use of stop-loss (SL) orders are crucial. Here are some insights and strategies:

BAKE: I acquired BAKE after the last candle turned green, suggesting a potential reversal and a reduction in selling pressure.

2.PENDLE and FTM: Both have demonstrated the Three Black Crows pattern. While I am monitoring these closely, I am refraining from entering until an upward trend becomes evident.

Although Pendle and FTM are experiencing a short-term downtrend with persistent selling pressure, I intend to act swiftly when signs of a reversal appear. Let's see how this strategy unfolds.

Always conduct thorough research before making any purchases. Follow for more pattern detection alerts.

#PENDLE🔥🔥 #bakebullish #FTMUSD #Write2Earn! #altcoins