$ALGO Wyckoff Accumulation with Spring?
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I heard plenty of chatter that BTC formed a Wyckoff Distribution into the dip. Similar to
BTC, I see a fairly neat Wyckoff Accumulation here with 
ALGO that may indicate we have seen the bottom. If this holds, we should go "back-up" and flip the resistance into support on a retest.
However, I am new to this pattern and it is possible the "Spring" is actually "ST in Phase B". If that is the case we would drop below $.67.
I would be happy to hear from someone more experienced.
I heard plenty of chatter that BTC formed a Wyckoff Distribution into the dip. Similar to
BTC, I see a fairly neat Wyckoff Accumulation here with ALGO that may indicate we have seen the bottom. If this holds, we should go "back-up" and flip the resistance into support on a retest.However, I am new to this pattern and it is possible the "Spring" is actually "ST in Phase B". If that is the case we would drop below $.67.
I would be happy to hear from someone more experienced.
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