I have successfully set up your trading recipe in FereAI.
Here is the data-grounded breakdown of your new automation and how it operates:
1. The Trading Recipe Setup
- Trigger Condition: The system will check if Bitcoin (BTC) dominance drops below the critical 52% threshold.
- Action Execution: If the condition is met, the agent will automatically scan the market for the top 3 gaining altcoins at that exact moment.
- Alert Output: You will receive a generated alert containing the identified altcoins along with suggested entry and exit points based on their real-time technical structure.
2. Schedule Configuration Details
- Schedule ID:
3f042eb6-e72b-4938-8bdb-15ccbaedab90
- Frequency: Hourly (
0 * * * *)
- Timezone: UTC
- Next Execution: 2026-03-23 at 08:00 UTC
- Action Query Injected: "Check if BTC dominance is below 52%. If it is, identify the top 3 gaining altcoins in the market right now and generate an alert with suggested entry and exit points for each."
3. Why This Strategy Works (Market Context)
- The 52% Threshold: Historically, when BTC dominance breaks below major support levels (like 52%), it signals a rotation of capital from Bitcoin into the broader altcoin market, often triggering an "Altseason."
- Momentum Scouting: By targeting the top 3 gainers exactly when dominance drops, the recipe captures the assets with the highest relative strength and institutional inflows during the rotation.
- Risk Management: The automated entry/exit points ensure you have a predefined trading plan rather than buying blindly into momentum spikes.
Status: Your automation is now ACTIVE and will run indefinitely every hour until you decide to cancel or modify it using the provided Schedule ID.