For Knowledge purpose:-
Meaning of the Ascending pattern: – It is also known as a continuation pattern. In this pattern resistance line is in horizontal shape & the support line is in slope up shape. In simple words, the share price cannot cross one particular price level due to the same resistance line in a horizontal shape. But on the other hand, the share is making new lower high every time. Due to the higher low every time support line shape is in the slope up shape.
The above analysis is for educational purposes, with no recommendation.