$COS MACD (Moving Convergence/Divergence) indicator

Finally, the MACD uses the Simple Moving Average (SMA) and Exponential Moving Average (EMA) to predict the trend direction more accurately. Similar to simple moving averages, the relationship between these two values ​​is useful in determining the direction of the trend.

For all of these indicators, the weekly time frame is used to identify the long-term trend, the daily time frame is used for the medium-term trend, while the six-hour time frame is used for the short-term trend.

According to MACD, in the 1-week-candle time frame, COS price is currently trending downward momentum since the MACD signal line moved lower 50 periods ago and was negative for 50 periods.