KajuFusion

ADAUSDT Cardano Big Drop to the Support. Time to Buy Again?

Long
BINANCE:ADAUSDT   Cardano / TetherUS
ADAUSDT
1D TF

On 18 Jan 2022, ADAUSDT took a big drop from 1.638 to 0.917 (22nd Jan). The control boyz are back in business again for the drop kill!

Current strong support @0.898 - 1.031. It was tested on the recent following dates
23 Apr, 19 May ,22 June, 20 July (2021)
22 Jan 2022

The good thing is ADAUSDT reaches a new high on 18 Jan 22 before the big drop.
We could be looking at a new high on 09 Feb 2022 @1.680

Currently, no clear indication of a buy signal yet but the long wick on 22nd Jan suggested a lot of buy orders.

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