The inverted head&shoulders pattern is almost complete. If the pattern is confirmed, there is a great probability to work it out - the price target is ~$35,000, which coincides with the 61.8% Fibo level. Bitcoin, let's go!
There is a local rising wedge on Bitcoin. The price will probably go to Target #1(~$38.600) and then most likely return to the lower boundary (~$37.800) and either go up to Target #2(~$38.900) or play back the rising wedge and fall to the target (~$35.500).
Flux successfully breaks through the upside of the triangle, has tested support and is now on its way to the local target of $1.88
If Bitcoin goes down to $41,800 and confidently pushes back up, then we can say that the falling wedge has been successfully broken. In this case the targets will be at the top of the wedge - about $69,000.
Altcoins prices will fall down for a couple more days(1.5-2 days). Then the dominance will hit the upper boundary of the descending channel and probably will go down. So the situation for altcoins in the next two days is unfavorable.
If Bitcoin reaches and breaks through the level of ~$42.440, it will form a W-pattern, which targets to ~$43.410 Waiting for the denouement...
Flux exited the small downward triangle and reached the lower boundary of the more global triangle. With a high probability (if BTC won't make any sharp moves) the price will now move to the upper boundary (~$2.88).
Because of the Bitcoin dump, Flux was back in the triangle. After Bitcoin's rebound, Flux is backing to his trend.
Will Bitcoin break important resistance? We'll see, soon enough - about 9 hours left!
Despite the VERY negative crypto-background in September, #Flux closes the month very, very VERY BULLISH: for almost the entire month the price was above ALL CPR resistance levels. Next month resistance levels will be MUCH HIGHER!