Looking at current market conditions it's better to stay away...

Looking at current market conditions it's better to stay away (if going long) for a while and use the spare time learning. 

Does anyone have any links or comments about volume price analysis?

I've been reading about this and watching videos but I can't still get it specially how to read a pump and dump compared to an actual start of a trend on volume breakout?

This first chart shows volume spikes late last year and price went up considerably only to drop even lower and fade away

This other one shows the volume spikes and as a start os a trend that now has reversed but ran for almost 4 months

Hoping to hear any thoughts or comments

Thanks