$COS #MyCOSTrade

Entry/Exit points for COS in the near future.

In the previous post, I showed the descending trend channel for COS on the daily chart. Recently, the price broke down through it and has now returned. It is at the very bottom of the channel and will move upwards.

Lower boundary 0.003158

Upper boundary - 0.003456

Middle line (which may act as resistance) - 0.003331

But! The channel is wide, and it is unknown how many days it will take for the price to reach the upper boundary.

Let’s forecast more accurately for the next few hours:

Screenshot: short-term ascending trend on the hourly chart. It intersects with the main trend. I drew a channel, which has been functioning since yesterday and still continues:

Lower boundary (entry): 0.003160 - 0.003166 and is increasing

Middle line (exit before it is broken, entry - after): 0.0032 and is increasing

Upper boundary: 0.003252 and is increasing

These boundaries will be relevant in the coming hours. The trend channel is angled, with the boundary shifting slightly upwards every hour.