Chaos Theory: BTC Trend Deduction
1. Description of the practical application model of Chaos Theory: The 30-minute level is the observation and operation level, which can be considered as the recursive f (0) level. Theoretically, the 30-minute level is the lowest level, and the line segment at this level is the sub-level trend type, but because I don’t have real recursion, I force myself to think that the 30-minute pen is a 5-minute level line segment. 2. Basic component composition: 1. The solid yellow line is a strict pen drawn at the 30-minute level. (In my model, it is forced to be considered as a 5-minute line segment). (In line with the original text, but for targets with large fluctuations, the pen conditions are relaxed, new and old pens are used in combination, and overlapping of types is allowed). 2. The thick yellow box is the pen center of the 30-minute level. (Because I force myself to think that the pen is a 5-minute line segment, it is also the 5-minute level trend center). In this way, I can see both the 5-minute trend and the 30-minute trend at the 30-minute level. 3. The green solid line is a line segment composed of 30min strict pens. There is nothing much to say about this, so just follow the original text. 4. The green thick box is a real 30min level center composed of 30min level line segments. 5. The white solid line is the trend type of the 30min level, and it is also the sub-level trend type of 4h. (It is equivalent to nonsense, but I am afraid that someone will misunderstand it if I say it is a 4h line segment) 6. The white thick box is a 4h center composed of 30min, which is a sub-level trend type of 4h from the perspective of 4h. 3. In this way, in this picture of mine, a three-level joint trading system including 5min-30min-4h is actually constructed. The only similarity is: the 30min strict pen is equal to the 5min line segment.
Conclusion: Short-term long, medium-term short, waiting for another test of support.