Alts at resistance, lets wait for confirmation

Alt market cap (in BTC terms) has been in a downtrend channel these lasts days. I'll keep an eye if it breaks up or down.
There was a big wick down, that might be a bear trap, or not. I'll just wait and follow the trend.
Volume is decreasing and candles are at resistance, that would suggest shorting, which could be the obvious trade, but, again, I'll just wait for confirmation.