Acuity Signal Centre: Crypto 30 Mar 2022

LTCUSD

Bias: Bullish

We look to Buy at 123.61 with target prices of 132.07 and 132.91, and a stop price of 121.01

Confidence: 80%

Technical Analysis

• We look to buy dips
• Previous resistance, now becomes support at 123.00
• The bias is still for higher levels and we look for any dips to be limited
• 50 4hour EMA is at 123.60
• There is scope for mild selling at the open but losses should be limited

RIPPLE

Bias: Bullish

We look to Buy at 0.855 with target prices of 0.899 and 0.919, and a stop price of 0.838

Confidence: 80%

Technical Analysis

• Daily signals are mildly bullish
• Dips continue to attract buyers
• We look to buy dips
• Trend line support is located at 0.855
• 50 4hour EMA is at 0.847

ETHEREUM

Bias: Bearish

We look to Sell a break of 3298 with target prices of 3103 and 3033, and a stop price of 3371

Confidence: 20%

Technical Analysis

• We are trading at overbought extremes
• A higher correction is expected
• A break of bespoke support at 3300, and the move lower is already underway
• Risk/Reward would be poor to call a buy from current levels
• 20 1day EMA is at 3040

BITCOIN

Bias: Bullish

We look to Buy at 45333 with target prices of 47288 and 48188, and a stop price of 44584

Confidence: 100%

Technical Analysis

• Daily signals are bullish
• We are trading at overbought extremes
• A lower correction is expected
• We look to buy dips
• 50 4hour EMA is at 45300

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