I believe ADA has established a new Trading Range (TR) after achieving its all time high support in the much bigger time frame.
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ADA didnt follow through with the above idea, broke the upper resistance level and achieved a higher high with a more prominent preliminary support (PS) at 0.8812 and a new ATH at 0.94274. If the new ATH is the BC, then we can now aspect the development of a new Trading Range. Will continue to monitor the price from here