#crypto_rand_vip `----------NEW SIGNAL----------` Good morning | High Orbit Trading 🛰

#crypto_rand_vip
`----------NEW SIGNAL----------`
Good morning ladies and gentlemen! Really ugly close Yesterday and ugly opening today too. Bitcoin was unable to consolidate the breakout Yesterday and is back to test the key support confluence of the horizontal range support with the local uptrend ($10,400). As you know already two storms are kicking the markets right now.

- The first one was the CFTC going after BitMex.
- The second one, Trump getting coronavirus.

Both things were impossible to predict and impossible to weight on our technical analysis. But this is how it works, the markets are always exposed to third part conditions that we can not control. That's why is so important to always set SL and even more important to diversify your investments/trading bags (Gold, Silver, GDX, REIT's...etc) into sectors which works as hedge to downturns on the others. Facing these situations don't look for excuses or question your setup strategies. Sometimes, these things happens and that's it. Reevaluate the scenario and move one. Is not the first and won't be the last. Maybe few months from here we enter an amazing setup of Bitcoin or whatever and we wake up on a Binance hack or the 4635894th Bitcoin ban....etc. These things will continue happening, and there are only two things we can do about it:

- Stop Loss
- Diversification

https://www.tradingview.com/x/k1qw2zJj/

Have a nice day