Turn crockpot onto low and add coconut and olive oils.
While the oil is warming up, add water to a lye-safe container (#5 plastic is the only thing recommended). In a well-ventilated area (or outside) and while wearing your mask, gloves, and long sleeved shirt, slowly add the lye to the water while stirring. Once the lye mixture transitions from cloudy to clear, bring it inside and let cool for 5-10 minutes.
Once cool, add lye mixture to your crockpot and stir.
Grab your immersion blender and work it around your crockpot in a figure eight motion. Continue doing this in 20 second intervals of blending and stirring with the immersion blender off until you achieve trace (when the mixture has the consistency of pudding).
Cover and cook on low for 30-45 minutes. Keep an eye on your crockpot, as the mixture will rise and fall. If your crockpot isn't big enough, it could leak out the sides.
To test if your soap is done, either use a pH strip or do the "zap test" (put a little of the cooled soap on your tongue and if it zaps you, it needs a bit more time).
Once soap is done, pour it into your molds and let set. Soap will be ready to unmold when it comes off of the mold easily or has hardened enough that your finger doesn’t leave an indentation when you press on it. This could take anywhere from several hours to 3-4 days depending on your environment.
Remove soap from mold and cut into bars.
Store in a cool, dry spot (basements are good for this) and allow to cure for 4-6 weeks.
Notes
Because of the high olive oil content of the soap, longer cure times are recommended.
For those that want percentages to make it easier to run through a soap calculator (which is always recommended), they are as follows: Coconut oil = 25% Olive oil = 75% Superfat = 10% Lye to water ration = 2.5:1