BTC CME Futures Deviation

2 Jan 2022

I created this chart to visualise the BTCUSD / CME Futures deviation on weekend

• In blue: Coinbase spot BTCUSD minus CME Futures price
  
• In orange: Coinbase spot BTCUSD
  
• In cyan: CME BTC1! futures price
  
• Gray bars: weekends
  

Clone this chart & make a copy. Try it on daily and 4/6 hr timeframe

At the weekend price can deviate up to $2,000 or more from the CME close.

When there are large deviations price often reverts to the CME close before the end of the weekend. Large deviations should be faded

2 Jan 2022

Catatan

Link to chart. Create a copy of this template
tradingview.com/chart/4U7v73JB/

2 Jan 2022

Catatan

Check out weekend deviations > $1000. These often get reversed on Sunday

2 Jan 2022

Catatan

Switch to daily timeframe

- Deviations > $1,500 are often a sell.
- Deviations < -$2,000 are a buy