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🚀What to Expect Next from BLZ? Is the RISK worth the REWARD? 🎁 On 29th October 10:00 UTC, BLZ ($0.20782) started its amazing uptrend run, booking an incredible 44.08% ($0.29990) gains on 30th October around 14:00 UTC. However, clearly shown in the picture the steam seems to slowly fade as the asset is currently trading at $0.28046, (-6.09%) from it's prior peak. Signs of a diminishing trend 1️⃣ Low Volume 2️⃣ The Asset price is stagnant, or the price is slowly going down 3️⃣ Selling Pressure - more traders are willing to sell, as they're losing faith that the asset will yield anymore profits. * The Picture shows Heikin Ashi Candles, which are commonly used to recognize a trend among traders.According to our devoted team, this could be a great zone to open a Short Position, as the data also suggests within the several hours Long/Short Account Ratio among top traders is 0.45.- Short Account 68.89%- Long Account 31.11%All of the posts are for education purposes only, DYOR before investing in the Crypto Market.Talk soon, Divident Hub🐋
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Bitcoin Dominance Rising 🔥 - Does this means a Start of a BULL Run?Recently, Bitcoin dominance hit about 54%, its highest level since July 2021. Bitcoin has also surpassed its yearly high. The rise in Bitcoin dominance indicates growing investor preference for Bitcoin over altcoins. Several factors can help explain Bitcoin's outperformance: 1️⃣ Bitcoin is seen as the lowest risk cryptocurrency given its longevity, liquidity, and track record. Investors tend to favor lower risk assets like bonds amid uncertainty. 2️⃣ Bitcoin Season - most of the known Altcoins are bleeding against BTC - ETH is down 27.48% against BTC YTD - ADA is down 42.66% against BTC YTD- MATIC is down 59.64% against BTC YTD to name a few. Generally speaking, BTC tends to be a safer asset than Altcoins and still is a market mover. 3️⃣ No matter if BTC is moving in an uptrend or downtrend, Altcoins are following its movement. If BTC gains and then bleeds, most likely Altcoins bleed even more, hence the BTC Dominance going 👆If BTC loses value, then most likely Altcoins lose even more value, hence the BTC Dominance going 👆 So Bitcoin is still consolidating its status as the crypto market leader during a period of macro uncertainty. Many expect Bitcoin to outperform altcoins through 2023, and until monetary policy eases. All of the posts are for education purposes only, DYOR before investing in the Crypto MarketCrypto Markets are considered a risky endeavor. Talk soon, Divident Hub 🐋
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🚀 BLZ Uptrend Cools OFF - What's Next for this Hidden GEM? After 29 hours of strong upward sentiment, BLZ failed to break the $0.30 mark, instead reached its peak of $0.29990 and it seems to re-trace. 1️⃣ Over the last hour the trading volume dropped by more than 50%. Is it calm before the storm or is BLZ actually losing steam? 2️⃣ The prior local top peaked at $0.28940, and closed at $0.27190, which coincidentally corresponds with the last hour local bottom of $0.27135. If BLZ fails to hold the resistance zone at ~$0.27, it might fall sharply. BE EXTREMELLY CAREFUL WHEN TRADING BLZ. This post is meant for educational purpose only, DYOR. #BLZUSDT #blz Talk soon, DividentHub🐋
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❗️BLZ Surges to New Highs, but There's a TWIST This Wallet keeps SELLING BLZ 🎯🚀 After an amazing surge in price, an Adress Related to the Bluzelle Company recently offloaded whopping 567,543 tokens around 6 hours ago at a price $0.28 per token. The same Wallet consistently offloads BLZ whenever its price surges to a local top. So far, this particular wallet has liquidated around 20M BLZ. The arguments could be "This could be an investor, taking profits", and there's certainly nothing wrong with that, had the wallet not been associated with the company itself. Here's the wallet 〽️ 0x9614B7c0EC365791c4a58e79003cfCFf7341f65a These articles should serve for educational purposes only, DYOR. #BLZ #BLZ/USDT #BLZUSDT $BLZ Talk soon, DividentHub 🐋
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🔥 Coin of the Day $RIF Analyzing RIF Weekly Candles: Technical Analysis and Predictions As shown in the following image, ARDR is showing a lot of promise on a weekly candle, opening its 2nd Week in a row green candle. 🔥 1️⃣ The next key milestone would be around 0.1730 which corresponds with a local top from some time ago. As prior movements suggest, around this price RIF was rejected. The current market sentiment suggests a bullish move, as of today the long versus short ratio is 55% in favor of the long positions. Talk soon, Divident Hub 🐋 #RIF
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