Rolleys

LUNA's possible distribution over the 4hr timeframe

Long
BINANCE:LUNAUSD   None
I'm by no means an expert, but, looks like the final stages of a clever offloading, smart money distributed this very nicely. It was sloped upward to convey strength, but positioned at the lower side of the volume profile so that once the distribution is complete it falls harder. The social media narrative conveyed extreme strength leading up to and over the distribution, as is usually the case. Now we are looking at a further decline.
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