OP: Pi Cycle Top Indicator
Optimism Pi Cycle Top Indicator: daily data through 9 Nov 2026.
The 111-day moving average of price and twice its 350-day moving average.
Why use it. Their crossings have coincided with past cycle tops. How to read it. A crossing of the short average above the doubled long average is the signal.
Calculation. Simple moving averages of daily closes. CryptoKeyhole's own hourly OP/USD index from public exchange candles, from 31 May 2022. In the last 30 days it drew on the markets of Binance, Bitstamp, Bybit, Coinbase, Kraken, KuCoin and OKX.