, why is it difficult to apply technical analysis to coins with low market caps. unlike bitcoin and other major altcoins whose movements are still predictable. Altcoins with low market caps are difficult and even impossible to predict.
You will not be able to predict it as it has low volume as well. The altcoins with low marketcap will not have big daily trade volume. that means the market can be easily manipulated. The whales were also playing on these low cap coins as well. It can be easily dumped or pumped anytime. Your TA will be worthless. Im sure about this.
whether this is all related to manipulation or there are other reasons that make it difficult to predict.
That's related to the manipulation that happened in the altcoins. that's the main reason why TA will be so difficult to be applied in small cap coins. You can't predict altcoins that can be pumped or dumped in less than one minute. The movement was random. It can't be predicted easily.