Even that technical analysis can be used in most of markets, it is often failed to provide a correct prediction for the market next direction. This combination of indicators and patterns will not guarantee you anything more than a market historical analysis and old behaviors of traders.
It is only a tool to help traders identifying resistance or support levels, however, it won’t tell you when it is time for these levels to be reached, nor the future price direction.
Personally, technical analysis was a great tool for me as a beginner, a very helpful resource to understand the market. However, it is more unreliable with some markets, for instance it work better with Forex market than crypto market.
Sometimes it is important to take a step back and take the time to think about what technical analysis is about, and technical analysis is nothing more but a tool that allows us to understand more clearly the past so we can make better predictions about what it may happen on the future, so once you understand this, it is clear that TA cannot be a precise tool as the circumstances surrounding the market are always changing, still I consider it a useful tool and one that can be very helpful once we understand its limitations.
TAs are not usually applicable in some of the alts market because the devs have other plans which is totally against any of these market indicators. A very good example is when the team decided to play the pump and dump scheme. I don't think any TA can be deployed on this as you will only get the hint if they will do this if you are following their social media platforms.
The moment or situation on which technical analysis doesn't work;
1. Sudden developer plans
2. Community hype or simply fundamentals
3. First candle movement or simply it is still new.
4. Market sideways or consolidation
These are the times that you would be boggling your mind when you do make use of technical analysis.
You can't be sure on where it would be going and this is why you would really be that skeptical on making use of these tools but ofcourse
It would really be just that depending on how you would make yourself handle such situation.
No matter how bad the market is, you should really that still make use of indicators because it would really be still that relevant.
It's up to you on how you would be taking actions.