Ascending Triangle
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The Ascending Triangle pattern is a bullish formation.
When price consolidates after an uptrend to form an ascending triangle, it will slowly edge higher while repeatedly respecting the same horizontal trendline (resistance) and upward-sloping diagonal trendline (support).
As the price range tightens toward the point of the triangle and volatility dies down, a new trend and spike in volatility often follow.
While certainly not guaranteed, the expectation for an ascending triangle is for price to eventually push beyond its horizontal trendline (resistance) at or near the point of the triangle for a continuation of its uptrend.