Technical analysis by fifty2kph about Symbol ETH: Buy recommendation (1/1/2022)

fifty2kph
ETHUSD - When to Start Selling? (Monthly 3MA, RSI & MACD)

This is not financial advice blah blah blah and happy new year to all.Observations from the Monthly ETHUSD Chart+ The MACD histogram has been stuttering since the first time ETH hit around $2,500; the main drive was from $70~$2,500 it would seem.+ The MACD 12MA (blue) has already flattened so maybe the tide is turning.+ The RSI-based MA has flattened suggesting upward momentum has slowed down.+ The RSI has been making lower highs and lower lows since around $2,500 suggesting slowing momentum.+ If history is anything to go by, starting to sell when the monthly RSI makes a higher low after the peak seems a good idea.+ The 3MA (applied due to quarterly logic?) seems to also show long term local or whole market cycle tops.Any comments or thoughts, please share below in the comments.Cheers.