Yep, that's a Phalaenopsis, Jolana. It is planted in an orchid mix, so that's good. The decorative pot is probably solid, with no drainage, so you are doing right by letting the clear pot drain well before putting it back into the decorative pot. Personally, I would sit that clear pot into a slightly larger clay pot just to allow for better air movement and the fact that any water remaining can be absorbed by the unglazed clay. You can tell by the algae on the roots that the plant was grown with the clear pot exposed to light and was only put into that metal "pot" for store-display purposed.