As April's Halving event approaches, one wonders even more when the expected increase in BTC's value will take place. Are there any specific candle patterns that you know of that can be used in technical analysis to catch the Bull Run ahead of time? There are those who argue that candlestick patterns called
bullish pin bars signal a bull market, but I am not so sure about the validity of candlestick patterns in terms of predicting the right outcome.
Thanks for the the information about such candles, actually I am also learning the basics of trading even I have become the SR here, well, I read the article you have provided and they have already mentioned that the opposite of the bullish pin bars is possible means if the candle is showing bullish sentiment but market can still dump. And in the end they have mentioned a possible way to handle the situation or judge it.
We have to look at the fundamentals of the market too like what is happening in the world that can impact that assets, currency or product you are trading in.
Besides all that so far I have learnt that never read the candles because we might not find reading candles useful as they are based on past data and in crypto past data cannot be used to predict the future. So, the best practice is to take all the measure to get full benefit of the bullish market and we can not time the market. But at least we can try that.