What?
This is a heatmap that shows derivatives sentiment for some of the most prominent coins in crypto.
Content
Coins included:
BTC
ETH
LTC
DOT
LINK
YFI
The indicator takes the Binance USDT perpetual swaps of these coins and compares them to their respective spot indices.
Binance is the exchange of choice because their perps have the...
Utilizes common maker/taker fees that traders pay on Binance to create scalping price levels.
Options to configure are changing the colors.
The determinant factor in setting the price levels is a custom built 33 minute derivation of price.
This is able to be done with YFI specifically because the MM on it knows you are using x50. If you decide to use x50, this...