Ascending triangles are chart patterns used in crypto technical analysis. It is created by price movements that allow a horizontal line to be drawn along the swing highs and an uptrend line along the swing lows.

The two lines form a triangle. Traders often notice breakouts from the triangle pattern. The breakout can be upward or downward.

Ascending triangles are often called continuation patterns because the price will usually break out in the same direction as the trend that occurred shortly before the triangle formed.

Ascending triangles are tradable because they provide clear entry points, profit targets, and stop-loss levels.