BTC Retracement and potencial bounce at 8k

After 20 days of running up BTC had to retrace, we're seeing a retracement right now after a H&S, but where will it bounce? I found a purple trend line that has been a resistance and support for a long time and it intersects with the 0.618 fib retracement, it could bounce there. If not then we need to find another support.