I started thinking and wondering, 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. whether this is all related to manipulation or there are other reasons that make it difficult to predict.
The primary factor we need to consider before getting into technical analysis of any asset must be, healthy volume. Because only if a coin is having good volume then we can sure about less manipulation. I mean if a coin is having very low volume on daily basis then it must be a candidate for high manipulation from its devs or from any whales. So, it is highly recommended not to consider all low volume coins because any kind of technical analysis will NOT be working against manipulations.
There should be multiple things we need to consider before choosing an asset for trading through technical analysis. If you are buying signal some third-party and trading one asset could be something different but when we are spending time and efforts for technical analysis then we should choose a right coin which is free from all kind of manipulations.