What are your thoughts on the technical indicators and their utility in such a volatile market of cryptocurrencies. ( open to discussion )
The utility of those indicators is high but is not everything you need to keep your eyes on the news as well also those indicators are very useful in a coin like bitcoin and other coins like that but if you're expecting that such indicators are going to work in very small coins then your mistaken, in fact that is one of the first things that you learn when you are trading.
It is important specially in the volatile market of cryptocurrency, because it would serve as a guide to what's coming next, the status of market movement, market condition for the supply and demand, and some other factors. But I think relying on it dependently is not a good thing after all. What's most important is your technical analysis and trading strategy. Feed yourself with the knowledge in trading and investment, and be guided consequently.