traderprosignals

OCG BIG BUY at 5.70 up to 20.00! COMING SOON!

Long
NASDAQ:OCG   Oriental Culture Holding LTD
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


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