Right now, it appears that BTC is making a large which should see it hit around $17k before potentially dropping to ~$9k.
Now, this is BTC , so there's always a caveat. I've seen BTC break up out of rising , head and shoulders' and bear flags before, so just keep a close eye on the price action around 17k and be prepared to close your longs.
On the lower time frames (1HR) it is forming a small h&s
On the bigger time frame (4HR) it is just poking out the bottom of the flag, RSI is turning down and it's just crossing the 50 MA.
As I said at the beginning though, there's always a caveat when providing TA on BTC. It could ignore all of the bearish shapes and continue upwards. With that said, it's in a precarious situation right now.
This could be part of a bigger H&S, which I'll chart now.
Let's keep an eye on this.
The bear flag didn't complete, but it's morphed into a descending triangle which has been articulated nicely in the following analysis:
Also,have a look at STRAT..that will be the next ETH..I know how that sounds but have a look
I'll take a look at BCH and STRAT.
This is a fantastic analysis of where we stand today with BTC: https://www.youtube.com/watch?v=6dQs_Cbt5LY