Acuity Signal Centre: Crypto 29 Mar 2022

LTCUSD

Bias: Bullish

We look to Buy at 123.27 with target prices of 129.99 and 132.10, and a stop price of 120.62

Confidence: 60%

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 121.93
• Prices expected to stall near trend line support

RIPPLE

Bias: Bullish

We look to Buy at 0.852 with target prices of 0.897 and 0.917, and a stop price of 0.835

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 0.850
• 50 4hour EMA is at 0.843

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
• 20 4hour EMA is at 3300
• 20 1day EMA is at 3000
• Risk/Reward would be poor to call a buy from current levels

BITCOIN

Bias: Bullish

We look to Buy at 46525 with target prices of 48484 and 49384, and a stop price of 45747

Confidence: 100%

Technical Analysis

• Daily signals are bullish
• There is no clear indication that the upward move is coming to an end
• We look for a temporary move lower
• We look to buy dips
• 20 4hour EMA is at 46400

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