Ascending Triangle
ChartBullishContinuationReliability:
A horizontal resistance line with rising lows; price compresses until it typically breaks above the upper edge.
Description
A flat upper edge (resistance) is tested repeatedly; the rising lower edge connects higher lows, narrowing the range.
Market psychology
Buyers keep paying higher prices (rising lows) while sellers defend a fixed ceiling — the balance tilts toward buyers over time.
How to trade
The target is often the triangle height projected up from the break; wait for a close above resistance and watch for false breaks.
Confirmation
A close above the upper edge with rising volume; a successful retest of the break is a good sign.
Also known as: Rising triangle
Educational content only — not financial advice. Cryptorua reads public market data and never places orders.