Bulls defending their breakout attempt

Hello,

You can see clearly that the bulls tried to break 7777$ resistance for the second time. And the bearish answer with a sell of over 800 BTC was well defended by the bulls. They bought the dip at the 0.618 Fibonnacci Retracement. It is also on some exchanges the 4h EMA. And the 15 Minute RSI got at 30 there.
And a close today over 7700$ is on the daily Ichimoku cloud a buy signal!

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Comment:

The gap at 3:00 , in 2 hours, was also 23.05.18 at 5:30 with huge follow through.
More then a half of the big red Volume is bullish.