Bitcoin forecast for July 12, BTC/USD exchange rate analysis

Quotes Bitcoin in the night 12.07.2018 are on the mark 6370.

Bitcoin exchange rate did not dare to go below the Ichimoku Kinko Hyo cloud. At least for now, but the lower boundary of the Ichimoku cloud has not been overcome. BTC/USD quotes are still inside the Ichimoku cloud.
The signal lines of the Ichimoku indicator followed the large red candle and are now lined up for sales. The red fast signal line crossed the blue slow line from top to bottom 2 days ago, at 6600.

Bitcoin forecast for July 12, BTC/USD exchange rate analysis

The support level for the Bitcoin exchange rate is 6280. This is the lower boundary of the Ichimoku cloud.
Resistance – 6550. There is a blue slow signal line of the Ichimoku indicator, as well as the upper boundary of the cloud.

We assume an upward movement of Bitcoin exchange rate, in order to test the upper limit of the Ichimoku cloud. The cancellation of the forecast will be the consolidation of bitcoin quotes below the level of 6300.

Thus, the BTC / USD Bitcoin forecast for July 12 suggests an upward movement and an attempt to break the upper limit of the Ichimoku cloud (6550).