Outlook on ADA

Updated
I believe ADA has established a new Trading Range (TR) after achieving its all time high support in the much bigger time frame.
Note
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
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