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Marvis Hege PpQt
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November 22, 2024, here's an analysis of Hamster Kombat Price Movement: The opening price was yesterday 0.003515, with a high of 0.003759 and a low of 0.003375. The closing price ended at 0.003714. This indicates a positive price movement, with the price closing higher than it opened. The price change of +0.000199 (+5.66%) suggests a solid increase, which could reflect positive market sentiment or news affecting the asset. Volatility: The amplitude (Ampl) of 10.92% suggests there was significant price movement during the day, indicating some volatility. The price fluctuated by almost 11% from the lowest point to the highest, showing that the market was quite active. Volume: Volume (4.08B) is high, which suggests that there was a lot of trading activity, potentially indicating strong interest from both buyers and sellers. This could also contribute to the price movement observed. Transactions: Transactions (14.74M) suggests there were a substantial number of trades, which could further support the idea of high market activity. Conclusion: The positive change in price and the high trading volume suggest a bullish sentiment. The volatility indicated by the amplitude might be something to watch, as it shows that the market had significant fluctuations throughout the day. If today's market activity continues similarly, it could maintain upward momentum, though the volatility might require careful attention, especially in a high-volume trading environment. It would be important to observe today's opening price and volume to see if the upward trend continues or if the market corrects itself.
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I mentioned in hamster Kombat article 0.003750 is resistance. Two time attempt if break it then 0.003900 and big resistance 0.004500
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Read my article about hamster Kombat analysis Read my article about hamster Kombat analysis
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Why Gold,Silver And Bitcoin Bullish : W.D. Gann's book "The Tunnel Thru the Air" (1927). In the book, Gann writes: “After one hundred years, everything related to commodities and stocks will be nearly zero.” This statement reflects Gann's belief in long-term cyclical patterns in the markets. He often suggested that prices would experience extreme highs followed by corrections or periods of decline over extended periods, ultimately returning to their fundamental value or near zero. This idea is part of his broader theory on market cycles, where he viewed the passage of time as playing a crucial role in price movements.
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