An ascending channel is a typical bullish trend pattern defined by two parallel upward trend lines. In this pattern, the price continuously creates higher highs and higher lows, with the support line constantly rising. As long as the price remains within the channel, it indicates that buyers are in control. When the price breaks above the upper boundary, it often signals a stronger upward move; conversely, if it falls below the lower support line, caution should be exercised for a potential trend reversal. This pattern is very useful for grasping the rhythm of medium- and short-term trading.