Crypto Trend and Momentum Report June 7th: NANO,WAVES,LINK,NEO, ETH are the best coins

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.

Recap table crypto trend momentum indicators jun 07

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.

technical analysis crypto trend momentum indicators jun 07

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

technical analysis crypto trend  indicators jun 07
technical analysis crypto momentum indicators jun 07

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 Nano (NANO), Chainlink (LINK), Waves (WAVES), NEO (NEO), and Ethereum (ETH), whose graphs are below.

link coin technical analysis jun 07
waves coin technical analysis jun 07
neo coin technical analysis jun 07
eth coin technical analysis jun 07

Worst 5 coins

The worst technical setting, all of the above considered, is found in FunFair (FUN), Algorand (ALGO), IoTeX (IOTX) , Hypercash (HC), and Coti (COTI), whose graphs are below.

fun coin technical analysis jun 07
algo coin technical analysis jun 07
iotx coin technical analysis jun 07
hc coin technical analysis jun 07
coti coin technical analysis jun 07

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 16:00 UTC on the 7th 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.