No change to the portfolio since the previous update (it is a big feat that I have managed to avoid the temptations to buy, for more than 2 months now!). I am still hesitant to buy any of my favorites as the signals are still unclear. The other reason is that Bitcoin volatility has died down quite a bit in the last few weeks and so it may make sense to buy it on strength rather than trying to pick a bottom. So here it is:
BTC: Tech indicators currently appear neutral. The 50 DMA is around 6620. Hence, will buy only if it clears the 6650 – 6700 zone.
BCH: Watching the price closely. Will be buying if it jumps above 500.
XRP: Will buy if it clears the Keltner resistance at 0.47. And will possibly add more if it clears the 200 DMA (currently 52c) with aplomb.
XLM: This is the only token that currently exists in my portfolio. The Stop for the current position is 15c. I would certainly like to add more XLM but only if it clears 24c.
Portfolio status as of Oct 14, 2018:
5000 XLM @ 0.20 1,000 (Stop Loss 15c. Target: 40C)
Cash 13,120
TOTAL 14,120 (Original investment was $15,000 in Jan 2018)
Click here for the previous update (Sep 15, 2018)