No, ascending triangles are inherently bullish chart patterns that suggest a potential continuation of an uptrend. For bearish scenarios, traders should instead look for a descending triangle to ...

The ascending triangle marks a trend that indicates increasing demand. The top line is the resistance level, and the ascending level can be used as an entry-level marker during a bullish run.

Solana SOL breaks above $188 resistance as ascending triangle and rounded bottom patterns signal major upside potential ...

Gold consolidates at the edge of the ascending triangle and awaits a breakout, while silver tests support and aims to ...

An ascending triangle pattern generally occurs on an uptrend, thereby enduring the price movement in the same direction. Generally, a reverse pattern is considered a trend continuation pattern.

Key Takeaways Palantir shares hit another all-time high during Tuesday's session amid optimism that the data analytics ...

Ford shares jumped Tuesday after the automaker reported a big jump in U.S. sales and an increase in market share in the ...

Airlines stocks took off on Thursday, boosted by Delta reporting better-than-expected earnings and reinstating its full-year ...

One is Ethereum’s triangle formation between March 2020 and April 2020, which led to a trend reversal to the upside, as shown below. ETH/USD daily price chart featuring ascending triangle reversal.