That's a good entry point to buy more ALGO Coin by taken the advantage of double bottom retraced to buy and hold for a long term investment, while waiting for next Bull Run market to come. Hence, the level of preparation base on the alt-coins accumulated will determine profits returns in the near future.
Of course, if it had bottom down and get a full retracement, then it's a good buying opportunity. Bust still though, it might have a good run in the future, reaches new all time high, or will just simply tank. The best thing to do is to really do your own research with this project.
Didn't watch the video though, but it's too early to say whether it will exploded. I mean almost all altcoins is down -90% from it's all time high. If it will explode I think that best time will be next year. So if you really believed in this project, accumulate as much as you can.