I have written some axioms that are widespread in trading platforms Which relates about currencies exactly:
1. Volume is really high, but price is still low?
the whales are accumulate the coin
2. Volume is high and the price is high?
the buyers are too much and the coin is top gaining
3. Volume is low and price is high?
a pump is happening here
4. Volume is low and the price is low?
this coin is dead , dont buy it .
simple but i hope i helped ,good luck
Yes, I agree to most of your points but last one is not always correct. You have given the conclusion that if the price and volume is low do not buy the coon is dead, this is not true always. Many good projects have gone through such phases where there is low volume and interest is no where to be seen but once the project delivers the interest, the volume and the value shoots up and such projects yield huge profits, I jave myself experienced this multiple times in the past.