Technical Analysis : Biggest failure of all time in the crypto sphere. It never works. No theory can really define the progress of the crypto market.
Reasons: Crypto currencies keep changing their ultimate fate with the surrounding sphere. There could be different news, updates and decisions that may change the course of bitcoin up rising and down movements.
HODL works all the time, because with the time there comes a time point where the market at least starts moving up.
I also think like you:
Technical analysis is outdated.