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Bixley
Nov 22, 2021 8:17 AM

Fib Circle dump example scenario ATOMUSD 

Cosmos / United States DollarCoinbase

Description



As per the above chart, I have found a possible example that may play out the same
The premise is price dumps along the side of the Fibonacci circle
I think this is because the price is "attracted heavily" to the circle as it dumps, causing this chart phenomena
I don't want to spread fear for ATOMUSD hodlers, simply trying to find another example. It could play out completely different.

If anyone knows more about this, comment !

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