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🛠️
LifestyleTranscript
00:00This is an easy strategy to scalp in the crypto markets.
00:04We are going to need two exponential moving averages and the RSI.
00:09Change one of the EMAs to 50 and the other to 200.
00:18Change the RSI length to 7 and remove everything except the RSI and middle band.
00:25When a candle crosses over the EMA 50 and the RSI is above 50, we buy.
00:33For the stop loss we are targeting the most recent low.
00:37Take profit should be at least 1.5 times higher than the stop loss.
00:46When a candle crosses under the EMA 50 and the RSI is below 50, we sell.
00:53Same stop loss and take profit rules apply.
00:57Happy scalping!