Looks weakLower lows to be tested.
Since this impulsive structure looks like its about to be invalidated, i would suggest a flat playing out either as a wave 2 (presented in blue)
or wave b of an ending diagonal.
Has to wait the printing out.
ORAIUSDT trade ideas
Oraichain (ORAI) long huge potentialLow Cap Oraichain (ORAI) just painted an "Elefant bar".
ORAI is near 20/50/200 Moving average (Daily), and can use the moving averages as a spring.
This could to be the start of a new bullish wave.
I would split this trade in 3 take profit zones, and use tight stop loss.
Before I enter this trade I will wait for a retest....3.1 is a good entry for me.
Huge potential upside for this trading idea, but think twice...
!!! (ORAI) is a very risky low cap token !!!
ORAI with two ending scenarios addedSo ORAI is getting closer to the bottom. I show two ending scenarios.
South sideIm of the opinion that we are printing the wave 3 of the last leg of the drop of Orai chain.
This will go along with the last btc drop. If Btc is actually making waves 1/2.
Accumulate. Then Send it!
The bottom is in?Long term target is 125$ (optimistic one)
Already a nice target would be the price of 20 $ in linear scale.
All depends if we are getting a massive bull run in crypto.
Red arrow is alternate lower low before we take off.
Stay safe.
Orai updateStill in accumulation zone.
Wouldnt recommend shorting.
At any moment , this thing can decide that it is done.
For the moment i am waiting for the bearish channel to be broken impulsively, up until then, hurry up and wait.
orai
orai gem breaks through the descending channel... we are approaching the completion of the correction, the feeling is very big $ 6 $ 10 $ 15 $ 23 $
$ORAI is flashing some buy signalsBesides being part of the AI narrative, ORAI is showing some buy signals. It has been victim to some downward price action for awhile now and is due for a PUMP.
It has fallen out of its descending channel but bounced off previous support. Measured move is showing possible 24% gains, but it could go for more if the market gets hot again.
MACD has bullish crossover
RSI flashing buy signal.
Good risk to reward ratio.
Green area0.78 typicall retracement zone after a diag
Strong support is also previous 2 wave of an extended 5th wave.
Current ble x doesnt look promissing , hence labeled it x.
waiting for green
Oraichain Token
Oraichain Token is looking very good :) steadily rising and with AI popularity it's a coin you may want to add to your collection
Full send ORAIchain. Thank me later.One of the biggest potential when it comes to AI coins.
Buy the dip vibe...
Perhaps even 100$ per coin. (ATH)
oraiusdt xabcd setup buy low for strong upside🔸Hello guys, today let's review 2days/candle price chart for ORAIUSDT. Speculative XABCD setup in progress with advanced
entry strategy (reversal) at point C. higher risk setup, so do your own due dill and also use appropriate risk management strategy.
🔸Pattern structure is defined by point A at 12.70, point A at 1.21, point B at 8.62, pointC at 1.92 and finally point D at 27.10.
Currently, pullback/correction mode to print the lownear point C at 1.92.
🔸Recommended strategy bulls: the overall outlook is bullish and I recommend to focus on buying low near point C after the
pullback/correction is over later in May/June 2023. best reload bulls at pointC at 1.92 USD. final TP bulls is 27.10/27.20.
strong upside with this setup. good luck!
🎁Please hit the like button and
🎁Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
ORAI: $10.0 | a mid term investment Big Data Big Data and Ai is the future that will be eseential by 2030
connecting machines to \facilitate smart contracts etc.
this can be a leader if it plays it very well
similar to LUNA FTM POLYGON ... it just needs the right mix of team to make it in the big cap league
for the few like Google Microsoft TESLA etc are already in place
which i think are on the lookout to acquire partner more.. in addition to CHAiNLiNK and Ethereum
ORAI is bullish as hackAccumulating it under 2$ prices for a long time. My rationale behind it is;
1- Small market cap under 10M $
2- It has two solid narratives as oracle's and AI systems, both have potential to spark a new blow-off at any time.
3- Active and developing teams regularly deploy new AI and oracle implementations no matter price had tanked more than %95. Besides, it has its own solid cross chain IBC bridge and dex where you can trade ORAI, stables and other orai ecosystem tokens.
That was the pros, of course there is cons:
1- Huge supply which means inflation is high.
2- Despite such good work and usecases, the awareness about that ecosystem in crypto community is still too low, which points out the lack of marketing.
All in all, do not believe in me and go check yourself. But in my opinion its one of the most promising tokens to make a speedy rally in this bear market.
Orai, sleeping giant? We can see that on the technical side we're forming bullish divergence similar to past uprisings. Further, every daily RSI unsold had led to a break up after moving into an upward RSI forming trend which we have now. Fundamentally, the project has never been stronger. Is this the perfect storm?
Oraichain worth a looksIf BTC proceeds to bounce, we could see here some decant %
(but its a risky play)
$ORAI - BREAKOUTOrai breakout with some huge potential. ORAI big progress overal, very underrated gem.
