VWMA is one of the effective strategies to detect a breakout on either sides. In this daily chart you can see that it is now resting on the blue line which is 55 VWMA. If the daily closes below this, then bear it is and a possible short entry will be at 8150 with next stop being 7800 and further depending on whether it bounces the 0.618 fib retracement level or goes bitconnect.
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