Ascending Bottoms

Business, Legal & Accounting Glossary

Definition: Ascending Bottoms


Ascending Bottoms


Full Definition of Ascending Bottoms


Ascending bottoms refers to a chart pattern in which the lows of the trading range get progressively higher over a given time frame. Ascending bottoms chart patterns can be used to evaluate stocks, commodities, indexes or virtually anything with a price/time chart. Ascending bottoms can be plotted for virtually any time frame: daily, weekly, monthly, yearly or even longer periods of time. Ascending bottoms are considered an indication of a rising market and are generally viewed as a bullish pattern. Ascending bottoms are considered an especially bullish pattern when combined with ascending tops. Ascending bottoms chart patterns are most likely to be used by a chartist or by a technical analyst. The opposite of ascending bottoms would be a descending bottoms pattern.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/ascending-bottoms/
Modern Language Association (MLA):
Ascending Bottoms. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
March 28, 2024 https://payrollheaven.com/define/ascending-bottoms/.
Chicago Manual of Style (CMS):
Ascending Bottoms. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/ascending-bottoms/ (accessed: March 28, 2024).
American Psychological Association (APA):
Ascending Bottoms. PayrollHeaven.com. Retrieved March 28, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/ascending-bottoms/

Definition Sources


Definitions for Ascending Bottoms are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 4th February, 2020 | 0 Views.