How to Set Up the Rainbow MG3 Indicator for BTC/USDT
📌 This week, trend consistency is aligned across D1, W, and M timeframes. We will follow the D1 cycle to trade BTC or use it as a guide for short-term Altcoin Scalping.
📌 At the same time, we anticipate the formation of the next bullish structure on W timeframe. The accumulation zone on W may form around $77K - $85K, as mentioned in my previous analysis. The next peak of the W/M cycle uptrend is projected to be around $140K.
🔥 Now, what’s the plan for BTC this week?
Below is the setup guide for the Rainbow MG3 Indicator, to wait for BUY or SELL confirmations from BTC.
🟢 1. Short-Term BUY Setup on D1
✅ Time Frame 1: M15 or H1
✅ Time Frame 2: D1
✅ Strategy:
⚡ Wait for a BUY signal on BTC for Scalping opportunities.
🔴 2. Mid-Term SELL Setup on W
✅ Time Frame 1: H1 or H4
✅ Time Frame 2: W
✅ Strategy:
📉 Wait for a SELL signal on BTC once D1 completes its upward correction, following the W downtrend continuation.
🟢 3. Primary BUY Signal on W
✅ Time Frame 1: H1 or H4
✅ Time Frame 2: W
✅ Strategy:
🚀 This is my key focus – a Swing BUY signal on BTC.
💎 Once confirmed, this signal will initiate the next bullish wave, including Altcoins that are ready to follow BTC's structure.
