technical analysis is basically doing decisions based on a small scrab of information and thats just the chart. if the index market would be diversified and these cryptocurrencies huge, it would have some clarity but the smaller the market and the more important an index is the more problematic is such a "technical analysis" maybe you should hide it under a certain button so website looks less messy, because there might be many people that dont care about those and only focus on project team or the product that is supposed to be delivered
technical analysis gets more trustworthy if the market has certain means like stability continuity and basic assets. with high volume, i am doubtful they are trustworthy for small markets. they might even manipulate and influence the market
regards