- Left shoulder slightly higher in price than right shoulder.
- Upsloping Neckline
- Pattern confirmed after price breaking the neckline
For reference: http://thepatternsite.com/hst.html
After the last 3 days of pure Bulls Bitcoin was overextended from the golden cross while hitting the 50 Day MA, a Fibonacci line. A retracement was more than reasonable.
Next potential support is 9100-9300 area which has not been retested yet.