### Resilient Coins Strategy: A Quick Guide
#### Overview:
This strategy focuses on trading Bitcoin (BTC) and Ethereum (ETH) based on their historical resilience. It emphasizes risk management and disciplined entry and exit points.
#### Step-by-Step Manual:
1. *Risk Management:*
- *Stop-Loss:* Set at 10-15% below the entry price.
- *Take-Profit:* Set at 20-25% above the entry price.
- *Position Size:* Trade with 1-2% of your total capital per position.
2. *Entry Points:*
- *Moving Average Crossover:*
- Buy when the 50-day moving average crosses above the 200-day moving average.
- **RSI (Relative Strength Index):**
- Buy when the RSI falls below 30 (indicating oversold conditions) and starts to rise.
3. *Exit Points:*
- *Stop-Loss Triggered:* Exit the trade if the price drops to your stop-loss level.
- **Take-Profit Triggered:** Exit the trade if the price reaches your take-profit level.
- *Reversal Signals:* Exit if you notice significant reversal patterns even before stop-loss or take-profit levels are hit.
4. *Time Frame:*
- *Choose Based on Style:*
- Day Trading: Use shorter time frames (e.g., hourly charts).
- Swing Trading: Use longer time frames (e.g., daily or weekly charts).
# Example Trade:
1. *Entry:*
- The 50-day moving average crosses above the 200-day moving average for BTC.
- The RSI is at 28 and starts to rise.
2. *Position Size:*
- Allocate 2% of your total capital to this trade.
3. *Risk Management:*
- Set a stop-loss at 15% below your entry price.
- Set a take-profit at 25% above your entry price.
4. *Exit:*
- Sell if the price hits your take-profit level.
- Sell if the price hits your stop-loss level.
- Sell if a strong reversal signal appears.
# Key Points:- Stick to the strategy and avoid emotional trading.- Regularly review and adjust the strategy as needed.- Diversify trades to manage risk effectively.By following this manual, you can trade BTC and ETH with a structured approach, focusing on their long-term resilience while managing risk and optimizing profits.
