Crypto Technical Analysis Report June 4th: BTC, ETH, and XMR are well positioned

In this post, we give a picture of the technical setting for the cryptocurrencies that we usually cover in our Weekly Reports.

First, we provide a recap table of all the coins we cover, divided according to trend and momentum indicators, and evaluated according to the technical setting for 1-day candles.

The following table depicts the general situation according to the trend and momentum indicators. Triangles’ dimension and color vary accordingly to the strength of the indication and its direction. The 5 best and 5 worst coins are provided for the 1-day candles setting, for a total of 10 coins.

In the following sections we provide details about all the indicators for the five best and worst coins, which are then plotted.

1 Day Candles

The tables above show the recap for trend and momentum indicators according to 1 day candles.

Top 5 coins

The best technical setting, all of the above considered, is found in Bitcoin (BTC), Monero (XMR), Ethereum (ETH), Cortex (CTXC), and Binance Coin (BNB), whose graphs are below.

Worst 5 coins

The worst technical setting, all of the above considered, is found in Ren (REN), NANO (NANO), Tomochain (TOMO), Harmony (ONE), and 0x (ZRX), whose graphs are below.

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DISCLAIMER

The views expressed in this report reflect the analysts’ personal views about the cryptocurrencies subject of the report. These views may change without notice and are subject to market conditions. The report is prepared for information purposes only and by no means constitutes a solicitation to investment or disinvestment. All the data are taken from Binance at 20:00 UTC on the 2nd of June 2020. USD and USDT are used interchangeably for illustration purposes. All the presented valuations, indicators, and analyses are subject to errors. The report is for personal use only and should not be republished or redistributed.