OCG BIG BUY at 5.70 up to 20.00! COMING SOON!Technical Analysis
1. Forming of Large Pennant/Falling Wedge
2. Expect the market to fall to Fibonacci 0.618 Level which would complete our Pennant/Falling Wedge and the market could potentially reach Over Sold levels on RSI and hitting the support structures
3. Fibonacci Level of 0.786 is also sitting on the Horizontal and Trendline support structure level
4. 2 potential support levels, Horizontal and Trendline (creating area of confluence)
5. Our Take Profit is sitting on the Flagpole Take Profit length, as well as Fibonacci Expansion Safe, Take Profit Zone at Level 1
To MAXIMIZE your profits it's best to buy at 5.70 all the way to 20.00 (I would wait for the market to fall to the new Support level before buying up)
Expect to Take Profit sometime in Mid June - August 2021
OCG trade ideas
OCG BIG BUY at 5.70 up to 20.00! COMING SOON!Technical Analysis
1. Forming of Large Pennant/Falling Wedge
2. Expect the market to fall to Fibonacci 0.618 Level which would complete our Pennant/Falling Wedge and the market could potentially reach Over Sold levels on RSI and hitting the support structures
3. Fibonacci Level of 0.786 is also sitting on the Horizontal and Trendline support structure level
4. 2 potential support levels, Horizontal and Trendline (creating area of confluence)
5. Our Take Profit is sitting on the Flagpole Take Profit length, as well as Fibonacci Expansion Safe, Take Profit Zone at Level 1
To MAXIMIZE your profits it's best to buy at 5.70 all the way to 20.00 - I would not consider buying in anytime earlier than this as there is a clear horizontal structure level. The market will and more likely launch off from 5.70
$OCG can rise in the next daysContextual immersion trading strategy idea.
Oriental Culture Holding LTD, through its subsidiaries, operates an online platform to facilitate e-commerce of artwork trading in China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $14,19;
stop-loss — $9,46.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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OCG: Bullish Pennant (114%)Bullish Pennant (114%)
Pros:
Volume during post formation
Descending volume during triangle formation
PPS above 50MA
RS above 0 and ascending
R/R ratio above 5
ATR ascending
Cons:
No 200MA
No 250RSI
Target:
PT = 24.85$
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NFT craze hype could send $OCG higher?I heard these are the #NFTs stocks:
$DSS, $MKGI, $PONGF, $SINO, $FDMSF, $CLPS, $YVR, $OCG, $TKAT $ZKIN $WKEY $IMTL $CWRK $MFH $IMTE
That chart on $OCG is TASTY for a 7m float
NFT setup primed to go parabolic. Could see $20+ with such a small float on the NFT craze!
NFTs, or non-fungible tokens, are a hot topic in 2021 and investors are looking for companies with exposure to the growing market.
Stocks rally over NFT craze IMTE 80%, OCG 86%, TKAT 277%
• Non-fungible tokens (NFTs) have been dominating the media headline and only yesterday NFT speculation made Oriental Culture Holding OCG 86%+, Integrated Media Technology IMTE 80%+ and Takung Art Co Ltd TKAT 277%+ jump.
• Three days ago, we shared in our group a list of NFT stocks and all of them were popping up yesterday including the ones mentioned above.
• These token-based stocks prove that the advancement of blockchain technology over the years has certainly created a new industry.
Check our previous Idea CCNC signed the deal we shared with you here two weeks ago and popped 50% pre market.
OCGOriental Culture Holding Ltd (NASDAQ:OCG) closed strong yesterday under active bidding. The stock is on the verge of breaking out and it could happen very soon. At this stage it is definitely a wait and see if the resistance will be easily taken out by the bulls. If the price breaks above 5.48 next week, then we should probably see a significant move to the upside. This stock hit a record high recently well above $25 Watch the stock closely next week.
$OCGOriental Culture Holding Ltd (NASDAQ:OCG) dropped from over $25 a share to $5.4's in a few day's time. This recent IPO stock is now oversold near its major support and we've all seen how quickly it can head higher when the buyers come. If you haven't added this stock to your watch list, now is the time. This stock may be ripe for a bounce next week following the recent weakness.