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.
Do you have an indicator that you use that you think is useful for accurate predictions in technical analysis? Also, have you come across such a sign in the recent past until today and what are your analyzes?
Well pin bars are good candle indications for rejection to and opposite direction of the market but apart from pin bars candles we have a whole lot of candle formations out there. On my own list the one's I use are: pin bars, hammer, evening and morning star, COW (cord of wood) this cow is not frequently seen on chart. But the ones I know the market makers uses are the ones I just mentioned.