TEDong XBT Sep/Dec19 Futures Premium/Deficit:

28 ก.ค. 2019

Hi Folg,
BITMEX Contango/Backwardation is fundamental analysis, act as confirmation for BUY and SELL. A change between Contango and Backwardation often highly correlated with stronger price changes.

Contango : SELL!!! (Background olor: RED)
Backwardation : BUY!!! (Background olor: GREEN)

Backwardation occurs when spot is more expensive that the futures and this confirms a buy and vise versa for Contango.

Happy Trading!


DONATE/TIP

BTC: 13nhMN2H4LoRi4VMcPcyR96jitxrH3uivB