BTC got rejected at the 4 hour kijun, makes me think that we are going to head lower. The blue lines are the highs that need to be broken in order for there to be a break in the bearish market structure. Only once these lines are broken can we consider going long. Cheers.
Declining volume on the past week of the upmove. Target set at an area of liquidity. Taking this trade only if support breaks.
TIght stop because shorts are at all time high and could be due for a squeeze.