BTW I replied here only because I saw that RickM liked post here.
So I didn't read it from the start. Now I did. And I think that there is some sense in that approach for sure.
And the funniest thing that 2 days ago I started to create telegram bot and it chase for "beautiful" numbers from binance spot.
I'll share it with you guys when I'll finish it. It also chase where the price came from - from the top or from the bottom.
But why I started to create it?
Because as I mentioned number like 8888, 4444, 5555 and so on works like support and resistance somehow. So I made it to implement in my bot as urgent take profit level
Observer effect