Are you serious? Technical analysis has been used several times before to predict a bunch of reactions about the price, not talking about altcoins, i am reffering to bitcoin.
It is almost impossible to use TA with low volume altcoins (less than a dozen of millions) so yes, in this case, you are right with that.
I've been thinking about starting to learn how to read charts and do some technical analysis for myself. The problem is I see it ridiculed on pretty much every forum and people saying it's useless for crypto.
What are your thoughts? Worthwhile?
It is very useful for crypto. especially in margin trading. You need to have a good knowledge of technical analysis to predict its price will increase or decrease in a short period of time.
In a cryptocurrency, by and large, technical analysis does not work. Here, the volumes of real trading are not so large that there is genuine technical analysis.