Crude Oil WTI Technical Analysis: Calm before the storm - 70.00 bull target

• Crude oil buyers are eager to resume the main bull trend as they have been preventing the market from falling below 67.16 this Thursday allowing only a small pullback.
• Oil is trading above its rising 200-period simple moving average and the (yellow) bull trendline. Bulls want a breakout above 68.30 resistance in order to open the gates to the next leg higher which targets $70.00 a barrel. 
• A bear breakout below 66.30 would invalidate the bullish bias. 

Crude oil WTI 15-minute chart

Spot rate:              67.84
Relative change:  -0.19%     
High:                     68.11
Low:                      67.30

Main Trend:          Bullish  

Resistance 1:       68.30 supply/demand level
Resistance 2:       69.00 figure
Resistance 3:       69.44 June 25 high
Resistance 4:       70.00 figure

Support 1:            67.84 August 14 swing high
Support 2:            67.16-67.72 June 14 high-June 26 low 
Support 3:            66.30-66.53 area, July 18 swing low and June 20 high
Support 4:            65.71, June 22 low
Support 5:            64.60 May 28 low
Support 6:            64.00 figure
Support 7:            63.63 June 11 low
Support 8:            62.40 June 18 low