What is an Ascending Triangle? The ascending triangle is a bullish continuation pattern and is characterized by a rising lower trendline and a flat upper trendline that acts as support. This pattern indicates that buyers are more aggressive than sellers as price continues to make higher lows. However with this said we had a weekly and daily bullish div but haven't seen a massive push could see us forming a bearish div on daily, see us dropping to 12.5k and then forming a new daily bullish div which would continuate the weekly div making lower lows on the chart before bouncing into maybe the next bull run.