BNB (Binance Coin) a Possible Leader In the Next Cycle of Rally
Updated
I believe that if ever Bitcoin will come of its lows and rally, the most money is to be made in BNB (Binance Coin) because it is a leader. Why a leader? Because firstly, it made its lows before bitcoin. Secondly, it is already trading above is EMAs as Bitcoin still struggles below it EMAs.
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It is truly a leader. Holding my position bought at 12.35 (not the ideal price but there is no perfect execution all the time. I want to see if there will be a continued rise which will turn up the EMAs which will put BNB on a stage 2 uptrend. I am looking to see if if there will be a low risk entry to add to my position. However, I am monitoring if BTC will fall below 8250. If that happens I may look to close my long position as that signifies weakness in the overall crypto market
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