Concept of Ascending Triangle:

Every time the price rises, it encounters selling pressure at a certain price level, forcing the price to decline. However, since the market is optimistic about this coin, there are many buyers who buy on dips. As a result, the stock price does not drop to the previous low point and starts to rebound, causing the low points to rise progressively. By connecting the high points of each short-term fluctuation with straight lines, and also connecting the low points of each short-term fluctuation with straight lines, an ascending triangle is formed.