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ETP short idea

Short
cryptoworldnews Updated   
BITFINEX:ETPUSD   None
Trend Analysis Chart Patterns Technical Indicators ETPUSD ETP Cryptocurrency crypto cryptotrader
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trendanalysis chartpattern indicator etpusd etp cryptocurrency crypto cryptotrader
We are getting a bit extended, with divergences showing on higher timeframes, there is 60 % chance of reaching higher box. So this should be pretty nice risk to reward trade, keep an eye on it and have in mind there might not be liquidity when needed, so reserve some margin.
Comment:
We had a nice 20% retracement to 1st green box, 2nd box for short hit, now am expecting deeper retracement. Divergences are strong, volume is decreasing this should be a nice short.

pbs.twimg.com/media/Dj5m6oyXsAEMDJT.jpg
Comment:
Well image is not working I guess.

snapshot
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