Analog to Bitcoin, the top, mid & bottom price action integral bands (short: PAIBs) can also be defined for Ethereum, which can be used as an indictor for longterm swing trades and/or general market cycle analysis.
Here instead of fitting some curve dependent on time (~ f(t)), we integrate over price action with three custom functionals. Then if those functionals...
Here I present my indictor for longterm swing trades and/or general market cycle analysis of bitcoin: the top & bottom price action integral bands (short: PAIBs)!
Instead of fitting some curve dependent on time (~ f(t)), I integrate over price action with two custom functionals. Then if I expand those functionals by +- 5% I get two bands, in blue the top price...
