7500 is a very important support level
. Before the collaspe/downward trend of 2018, this level has been tested before and should have been noted in Nov 2017. However, since the advent of futures
, the stock markets have taken hold of the levels of the crypto as it did with all and the fib levels are being met; as expected. An important resistance level
at 8900 will be the deciding factor of the much anticipated correction toward 5 figures. Until then this area can be expected for a long position.