for a clear confirmation, it need to close above 50% of my fib, as shown. The break of TL isn't enough to confirm a clear UP-trend.
and also that support around 500-550 zone seems strong for me.
That will be my 'Best buy zone'
OR, we can buy this coin if the price touch my 78.6% fibo, ( 580-500 ) .
note: I don't use a margin acc for my crypto, just an exchanger platform.
Have a nice day & Great trade !!