An ascending triangle indicates that the asset is consistently pushing higher (higher lows) while facing resistance at a certain price level. When it breaks above this resistance, the asset typically experiences a significant price move. 📊
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What is an Ascending Triangle?*
An ascending triangle indicates that the asset is consistently pushing higher (higher lows) while facing resistance at a certain price level. When it breaks above this resistance, the asset typically experiences a significant price move. 📊