POA/BTC TA Update (Break above 50 MA? or Down fall?)

POA/BTC

POA is currently trying to break above the 50 Day MA and downward trend-line resistance. It is too early to say the price can break it today.
Thought POA manages to bounce at 0.619 Fib support but bears may have temporary control of this market as price is trading below 100 Day MA.
We will have to look at this coin in the coming days in which direction it will follow.