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.
True ... TA works in more stable coins like Bitcoin, Ethereum , etc. As these coins cannot be pumped or dumped easily because of the high trading volume and huge marketcap.
And according to me as the Cryptocurrency market matures in coming years then TA's will be more and more useful as the volatility will reduce of other coins too.