I don't really get the point on why we need to monitor the market while its not actually price is not your main concern while accumulating.
We can do DCA without following the market trends since whatever price is good enough for us to accumulate. It will just bother bother people so better not to pay attention on the market and just pay more attention on your next accumulation.
Usually traders are the one who follow market trends also those people scared enough to accumulate and what they always want to buy at the dip which is actually not always possible to happen.
Consistency is really important here and we don't need any other technical things to consider before buying since we can do it anytime we want.
Assuming the market is positioned towards an downtrenc with repetitive cycle of lower candles pointing downwards wards and then comes a spike that pushes this candle to face upwards. As an experienced investor even with your DCA approach you won't want to buy because it is obviously a bull trap.
Every investor will want to get the best price no matter what. I still stand on the ideology that all investing strategies need monitoring even DCA else an investor with a strategic DCA approach will always make better ROI compared to an investor who just applies DCA blindly
First of all, it's not timing the market before buying that will make you have good profit in future when using DCA. It is the amount that you invested i.e how much bitcoin that to ypu were able to accumulate and the timeline that you have hodli. If Mr A invests $500 every week with DCA for four years, he will have a better profits compared to Mr B who invested $100 every week for 4 years, no matter how smart Mr B thinks he is to monitor the market during the week and buy at a few dollar cheaper price.
Mr A portfolio will become 500x52x4= $104000 worth of bitcoin
Mr B portfolio will become 100x52x4= $20800.
Mr A will be in bigger profit. If you are claiming to be smart and start waiting for the price of bitcoin to be cheaper a bit, it means that you are buying at thw dip and not DCA. You might think that the price of bitcoin will dip tomorrow so that you can buy instead of buying today that you have the money to DCA and the price pumps, what will you do. No need of all these unnecessary stress that might play with your emotions, and before you know it, you will convert from a DCA bitcoin investor to buying at the dip investor losing the main purpose and focus on how to increase your bitcoin investment faster. Lump sum doesn’t care about the price of bitcoin, you just buy right away when the money is available likewise DCA.
You said a new investor does not need to know how to read the candle sticks, why mentioning it again. I think you are contradiction yourself and you sound more like a trader.