BTCUSD already found new diagonal support (black line) after hit fibonacci 0.618, and diagonal resistance (red lines) already broken. This is very good sign for bullish, but we still have one more resistance to break at 49466.
Bullish side : If this resistance break up with one full candle at 1 hour timeframe, fibonacci 1.618 will be our bullish at 56383
Bearish side : If 49.4K cannot break, bearish will perform to retest our new diagonal support
btw, im still at bullish side :) if you have any question about this analysis, feel free to send me private msg, and don't forget to support me with "like"