Crypto 15k Portfolio – update as of May 5, 2018
First, let us review some latest charts (price forecasts wherever applicable, are for the next 2-4 weeks)
BTC – Still going strong as forecast earlier. Target: 11775. Current price: 9900. Should correct a little at the psychological resistance of 10,000 & then move up again with full speed. I won’t be exiting until the Target Price of 11,775 is hit
BTC – The earlier chart from April 16 indicated the pressure zone and the next breakout level (9600), Now we are above that zone
LTC – Has topped the earlier forecast TP of 175. New target is 228 – 230 if LTC breaks above 175-180 decisively.
LTC – earlier chart from April with a target of 175 (since met)
ETH – Still bullish on the daily chart, though there are indications that bulls might lose a bit of steam soon. While I do expect resistances at 880, ETH could still go parabolic driven by fresh appetite. In any case, I am not selling until it reaches at least 1200..
ETH – earlier forecast from April 22 was targeting 772 (38.2% FIB) as below. Now I am looking at the 61.8% FIB (1024) & 78.6% FIB (1198) as potential targets if 880 is overcome.
XRP – Still looking bullish after that run from 45c level where I was fortunate to add. It might enter a new bull orbit if it breaks above resistance at 1.08. Planning to hold this for now, certainly not selling until it hits $2
XLM – Has had a parabolic rise from 18c to 45c , a growth of 150% in less than a month. I think it needs some pause before it can catch a further bid and run to 65c level. May be I will hold this for further gains and review if and when it hits 75c.
Now let us move on to the portfolio update (as of May 5, 2018). After 3 months of lull period, I think we have started to rock..
No changes to the portfolio in the last 4 weeks. Status quo from April 2 maintained. I have updated the portfolio with current values as of this morning. I have also included the minimum targets for exit / next rotation of portfolio)
For the prior update (April 16), please click here