LDO / TetherUS
Panjang

Automated Signal Monitoring and Filtering with the Rainbow MG3

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๐Ÿš€ Current Crypto Market Cycle & Trading Approach
๐Ÿ“‰ The crypto market is currently in the corrective phase of the W timeframe, meaning the recent W uptrend has topped out for most coins, including Bitcoin. Most assets have been in a downward correction for about 6-7 weeks.

๐Ÿ“Š Current Market Structure:
โœ… M Cycle: Still maintaining an uptrend structure
๐Ÿ”ป W Cycle: In a corrective downtrend, but will resume upward afterward
๐Ÿ“‰ D1 & H4 Cycles: Moving sideways with a bearish bias, forming a bottom within Wโ€™s correction

โš™๏ธ Trading Approach:
๐Ÿ“Œ Setup the Rainbow MG3 Indicator for BUY Entries:
โณ M15 - D1
โณ H1 - D1
โณ H1 - W (Wait for this signal to capture the next W top breakout)

๐Ÿšจ Key Considerations:
โš ๏ธ If only D1 BUY signals appear, they indicate a temporary pullback rather than a true bottom on W.
โš ๏ธ These are scalping signals, not long-term entries, meaning lower profit potentialโ€”not the expected 2x, 3x, or higher gains.

Penafian

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