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Oraichain Token / WETH

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ORAIWETH_9081B5.USD trade ideas

ORAI shaping up for a large IHSInverted Head and Shoulders (IHS) is a bullish reversal pattern characterized by three consecutive lows and two intermediate highs. Here's how it forms: 1. The first low (left shoulder) occurs. 2. The second low (the head) is lower than the first low. 3. The third low (right shoulder) is higher than the second low. 4. The neckline connects the intermediate highs. In the case of ORAI/USD, we observe the following: - The price has formed the left shoulder and the head. - The right shoulder is yet to be confirmed. - The neckline is crucial; a breakout above it signals the completion of the pattern. Price Targets : - The pattern suggests that the price movement after the right shoulder forms will be approximately equal to the height of the head. - In the mid- to long-term, the target price levels for ORAI/USD could be: - $112 - $150-156 Additional Factors: - The upcoming Bitcoin halving and market cycle theory could play a pivotal role. - These events may position ORAI for a shot at creating all-time highs . Remember, this analysis is for educational purposes, and as with any trade, thorough research and due diligence are essential. Always look before you leap! 🚀📈
UNISWAP:ORAIWETH_9081B5.USDLong
by sssime
ORAI: Simple Swing TradeORAI is a solid Artificial Intelligence project that look really solid for a swing trade from current levels. It's had a bit of a run up but indicators still look healthy and volume is consistently growing along with price. I am looking at this trade for the next month, with a ~50% move on the low side and ~80% on the high side of the move to the golden zone .5 to .618 fib retracement levels. The measured move on the more broad time frame is consistent with the top of the larger upward channel at roughly the ~$22 range. Once it reaches the ~$7 range I will reassess and decide whether to hold out for the top of the channel.
CRYPTO:ORAIUSDLong
by Goontata84