SFP - Is the Hype Over?
After the massive pump early last month, there has been very little action.
From the volume indicator we can see that since the spike in October, the volume has decreased substantially.
This could mean one of two things.
The hype is over:
Could mean that this was just a pump and dump and this coin is pretty much finished.
Something BIG is coming:
Some of the time when there's very little volume, its because the market is setting up for something spectacular, similarly to what we saw in October. There was very little volume before the spike.
We have to structures on the chart and will be looking for a breakout either way.
From the volume indicator we can see that since the spike in October, the volume has decreased substantially.
This could mean one of two things.
The hype is over:
Could mean that this was just a pump and dump and this coin is pretty much finished.
Something BIG is coming:
Some of the time when there's very little volume, its because the market is setting up for something spectacular, similarly to what we saw in October. There was very little volume before the spike.
We have to structures on the chart and will be looking for a breakout either way.
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