In the 15-minute time frame, if Bitcoin does not go lower than its last low and is in a resistance zone, this could indicate the strength of buyers and the potential for the price to rebound upwards. This behavior usually means that buyers are defending the support level, and the price might move towards the next resistance level.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.