Advanced Courses - Course 2

Welcome to Crypto Crew University!

Crypto Trading Made Simple.

Risk Disclaimer
*Trading cryptocurrency is very risky and is not suitable for all investors. It’s extremely likely you will sustain a loss of some, or all of your initial
investment and therefore you should only invest what you’re willing to lose. Everything taught in Crypto Crew University Coursees is for educational
purposes only and should not be used as financial advice. Always speak with a professional financial planner before making any financial decisions.
Steve and Crypto Crew University are not held responsible for any financial losses that occur in your account.*

Overview of CCU Advanced Courses: Overall Course Goals:

1. We’re going to cover the Fib, Bollinger Bands, Elliott Wave 1. Get comfortable then confident with the
Theory, Key Chart patterns, MACD, Stochastic RSI, Trends most important Indicators on Earth
and overall which ones are the most accurate as well as 2. Understand how to use each indicator as
Steve’s Daily Chart Routine well as a strategy for each specific indicator
2. We’re going to discuss strategies for Day Traders, Swing
3. Understand Day Trading, Swing Trading,
Traders, Long-Term Investors and the Hybrid Strategy –
Long Term Investing and the Hybrid
all using each of the above
Strategy – all using these popular indicators
3. Finally, we’ll add one distinct and highly important
4. Further development of the Hybrid Strategy
piece to our strategy that we’ve been building since the
Beginner Course – adding a key missing piece

Course 2 – Overview
• Investors vs. Traders Strategy
• Stochastic RSI
1. What is Stochastic RSI
2. How to use Stochastic RSI
3. When to use Stochastic RSI
4. What other indicators to pair with Stochastic RSI
5. How to add this secret weapon to our Hybrid Strategy

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1. What is Stochastic RSI

The Stocahstic RSI indicator is an advanced version of the Stochastics oscillator. The primary difference
being that the Stochastics RSI indicator is known as an indicator of an indicator. The Stoch RSI was developed
by Tushar Chande and Stanley Kroll and the indicator was introduced in 1994 in a book called The New
Technical Trader.

The Stochastics RSI indicator is used in technical analysis and provides a stochastic calculation of the RSI
(Relative Strength Index) which is another momentum based indicator. The main difference here being that,
the Stochastics RSI measures the RSI, relative to its RSI’s high and low range over the specified period of
time.

What’s the main point? Stoch RSI measures momentum + overbought or oversold. Period.

Stoch RSI is like RSI on steroids. RSI produces relatively fewer signals and StochRSI dramatically increases the
signal count. There will be more overbought/oversold readings, more centerline crosses, more good signals
and more bad signals. Speed comes at a price. This means it is important to use StochRSI with other aspects
of technical analysis for confirmation.

• RSI indicator is based on price

• The Stochastic RSI is based on RSI

2. How to use Stochastic RSI DEMO

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*Please note on page 2 (above) we used the daily chart. Below we will show a weekly chart, so you can
see the difference. Remember, the Stoch RSI shows many signals, many more than the RSI. That’s why
zooming out to the weekly is sometimes helpful to see the bigger picture.

**In the above daily, you can see the Stoch RSI at the bottom and you can also see two white lines. The top
white line is to show the tops of the momentum or overbought. This does NOT mean price will drop, it’s
simply a sign as it could stay at these overbought levels for weeks, same goes for the bottom line, which
represents oversold.

Similar to the Stochastics oscillator, the Stochastics RSI also comes with similar parameters in addition to the
RSI setting. Therefore the values are generally, 14 periods RSI, 14 period look back of the RSI and 3 period
SMA. It is commonly referred to as the 14, 14, 3, 3 setting.

Overbought and Oversold levels: A Stochastic RSI reading above 0.80 is considered to be overbought, while
the indicator reading below 0.20 is considered to be oversold.

Momentum – rocket ship DEMO (Rocket ship concept)

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Stochastic RSI – Key Points DEMO
1. Watch for cross overs when the blue line crosses
through the red, which signals a reversal. Pay
attention to time frames to determine if it is a
substantial reversal.
2. Watch for time spent at or very close to 100 or
at or very close to 0 – could be up to 8-15 days
without a pullback. (1 day charts)
3. It is rare that any crypto will stay above 80 or
below 20 for more than 21 days. (1 day charts)
4. Look at trend lines within the Stoch RSI DEMO
5. Ensure you pair this indicator with one or two
more for confirmation
6. Entire moves (from bottom to top or top to
bottom) are around 5-45 days on a 1 day chart.
(Cycles)
7. It is said the move is not official before it crosses
up through the 20 (from bottom) and crosses
down through the 80 (from top)
8. Blue line on top = uptrend
9. Blue line on bottom = down trend
10. When consistently above 50 = uptrend
11. When consistently below 50 = downtrend
12. Most powerful summary of these: watch for
bearish crosses that also cross below the 80 and
watch for bullish crosses that also cross above
the 20. On a weekly, this is much more significant

3. When to use Stochastic RSI

• Day Traders – Will use as the Stoch RSI as it gives many signals, will use on the 3-5 min charts. Keep in
mind the speed at which the Stoch RSI gives signals. DEMO.

The above chart represents a 5 minute chart for day traders with examples of buys and sells – all
within 1 day.

• Swing Traders – it works well for swing traders to confirm momentum and where to enter the
market and when to exit. Swing traders will typically use the 4hr chart, 12 hour charts. 12 hour
chart most popular.
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*Notice the above chart is the 12 hour – SO much different than the 5 minute. The 5 minute chart for day
traders represented 1 day of price action and the above 12 hour chart represents about 1 month of price
action. Also notice that the signals are spanning between several candles. Thus, we need another indicator
to pair with the Stoch RSI to confirm buys and sells. Doing this will make it much more accurate.

• Long Term Investors – Investors can also use this indicator as a way to hone in on exactly their point
to enter their investment and when to exit as well. It is a more precise indicator than the RSI alone.
Investors will typically use the weekly, monthly or even 3M charts. Monthly is most common.

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The above chart is the monthly. You will first notice how signals lasted for many, many months. Another
reason why we must have a second indicator to better understand buys and sells.

• Hybrid Strategy – The Hybrid strategy uses this indicator paired with several other indicators to
maximize the buys and sells and really focuses on the natural cycles of the crypto market. Hybrid traders
typically use the daily, weekly and monthly. Mostly use the daily and weekly depending on how often
they want to trade.

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1. What other indicators to pair with Stochastic RSI

RSI – look for double bottoms in both Stoh RSI and RSI DEMO.

Bollinger Bands – you will become an expert on this later in the Advanced Courses!

Fibonacci Retracements – confirm support and resistance lines in a trend reversal

MACD - you will become an expert on this later in the Advanced Courses!

2. Taking The Hybrid Strategy To The NEXT Level!

Good Buy Great Buy Incredible Buy

(On Daily Chart) (On Daily Chart) (On Daily Chart)
• Is the RSI at 40 or less • Is the RSI at 35 or less • Is the RSI at 30 or less
• Stoch RSI at or below 25 on • Stoch RSI at or below 20 on • Stoch RSI at or below 10 on
daily daily daily

STEP 3. (When To Sell) – How To Take Profits

Good Sell Great Sell Incredible Sell

(On Daily Chart) (On Daily Chart) (On Daily Chart)
• Is the RSI at 75 or higher • Is the RSI at 80 or higher • Is the RSI at 90 or higher
• Stoch RSI at or above 80 on • Stoch RSI at or above 85 on • Stoch RSI at or above 95 on
daily daily daily

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**Key rule – wait for the Stoch RSI to confirm a signal to take action. During a buy - Wait for the Stoch RSI

(%K) to cross up triggering the trade. Of course this means if the RSI is also at a buy level.

For selling – wait for the Stoch RSI to confirm the signal to take action. Wait for the %D to cross up triggering

the trade. Of course this means if the RSI is also at a buy level.

For selling – wait for the Stoch RSI to confirm the signal to take action. Wait for the %D to cross down to

trigger the trade. Of course this means if the RSI is also at a buy level.

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Notice in the above chart that when the RSI dropped below our level it told us it was a good time to buy.
However, it was below that level for more than a week, so how to we know when to actually trigger the
trade? Well easy, we wait for the Stoch RSI to have a cross up with the blue line to trigger our trade so long
that the Stoch RSI is also below our buy level. It’s that simple!

**We will build on our Hybrid strategy as we continue with the PRO as there is one major thing missing as
well as several key steps!!

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The above chart shows the same strategy but instead of using the 1 day chart we show the weekly. For
example, on the 1 day chart we could yield roughly 1 trade per month. But using the same settings and rules
on a weekly chart – we could yield 1 trade every 6 months. It all comes down to how often you want to
trade and how patient you are. For example, the trades on the weekly chart are significantly more powerful
than the trades on the 1 day chart. However, in order to use the weekly you must master discipline and
control of your emotions.

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Quiz
1. What does the Stoch RSI represent?
2. What is the difference between an RSI and the Stoch RSI?
3. Should you use both the Stoch RSI and the RSI? Why or why not?
4. Why are the 80 and 20 levels important for the Stoch RSI?
5. Does the RSI or the Stoch RSI move faster? Bonus: How to use that info to
your advantage?
6. How long can the Stoch RSI stay above the 80 or below the 20 on the daily
chart? Why is this info incredibly important?
7. How long are typical Stoch RSI moves from top to bottom (mini cycles) why is
this info very critical?
8. What are the keys to spot a reversal for the Stoch RSI?
9. With the Stoch RSI – how do we know it’s an uptrend or a downtrend?

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HOMEWORK
1. Practice identifying strategies of day traders, swing traders and investors – how do each use (3) different
charts to achieve their goal
2. Practice Stoch RSI paired with RSI – hone in on your preferred time frame
3. Really hone in on 1 type of trader you want to become. Really stop focusing on all other types of traders.
4. Find 5 trade confirmations using Stoch RSI and RSI in the past using your preferred timeframe
5. Make a vocab list and study vocab from coursees 1 and 2

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