Algorand
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Algorand mark up phase (Part 2)

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This is an addition to the ongoing macro trade idea from the spring phase low.

This whole structure here, looks to me like one long wyckoff accumulation campaign and Adam / Eve double bottom.

This is your sign of strength, and the expectation is to return to the range high, and likely see a partial decline or consolidation once achieved.

If i am correct here, we could expect eventual targets at the 100% measured move of the range, confluent with both the 1.618 extension of the spring correction, and a 4.236 of wave 1 coming up.

This is a weekly chart, this will take time and itll probably be a difficult hold, but if it continues to play out in this fashion, that will be my expectation until proven otherwise.

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