After peaking above the resistance level at $7684 briefly, price level took an immediate drop down before gaining support at the 0.618 FIB level. Now with support and resistance between $7400 / $7450, bulls are due to continue their moon mission after surpassing $7450 and closing there. The battle of the comes up at 10.5K. Until then we feast.
*we'll push back up above the $7600 mark soon only to reach the 200 MA and drop down briefly once again. support should be displayed at $7680. the fight up above the 200 MA is inevitable (near $8070). after we reach this level it'll be important to see how the price action plays out as we stride to $10.5. no guarantee for the moon yet.