I saw a bright orange "ball" hovering and moving short distances at speedI saw an orange "ball" hovering and moving short distances at speed. It appeared to be "dancing". It had one red navigation light which appeared intermittently. The object was also "flickering". The moon was almost full. The object was clearly visible but it was hard to know at what distance it was relative to my position. It was situated north east of my position. There were two other witnesses. The one witness thought it could be a helicopter but there was no sound and i thought it was too high up to be a helicopter. I just felt it was unnatural when i observed it. I can only say that it was not an aircraft, satellite, or anything that i had seen before. Perhaps there is a scientific explanation but for me this is an "unidentified flying object". I only observed it for about five minutes before my friend wanted to go home. I wish i had stayed or had a video camera to record the event.