🔶 Coinbase Premium
This indicator allows you to track the premiums for various coins listed on Coinbase relative to Binance. The buying strength of US markets tend to be a good indicator for up trending markets.
The moving average crosses shown as ribbons can be used to time entries and exits
🔶 Available Pairs
Currently, the indicator includes 31 coins as listed below:
BTC, ETH, SOL, BONK, DOGE, XRP, SHIB, ONDO, AVAX, LINK, ENS, LTC, RNDR, INJ, BCH, ARB, OP, ADA, DOT, TIA, ICP, MATIC, LDO, NEAR, CVX, AERO, ORCA, SEI, STX, MKR, SUI
🔶 Key Features
Select Coin: You can select any of the 31 supported coins to track its premium.
Show Ribbons: Option to enable or disable the display of ribbon trend lines between two moving averages.
Adjust MA Lengths: Customizable lengths for the short and long moving averages to fine-tune the trend analysis.
🔶 Calculations
The premium is a simple nominal difference between the Coinbase price and the Binance price.
eg) Coinbase ETHUSD - Binance ETHUSDT = Premium
🔶 Disclaimer
This indicator is for informational purposes only and should not be considered financial advice.
Always conduct your own research and due diligence before making any trading decisions. Past performance is not necessarily indicative of future results.