QRLBTC - Technical Analysis October 10, 2017 - Current Price 0.00011001 BTC

I find QRL very interesting since it uses a quantum computing resistant encryption method. As someone who works in the Cyber Security industry i know that it's just a matter of time before RSA -0.16% encryption gets broken thanks to newer computing systems. QRL aims to create a blockchain with long term stability through hash based signatures.

Initial distribution is 65 million QRL, of which 52 million were distributed in a private pre-sale and 13 million used to fund the project. A QRL foundation will oversee the remaining coins not distributed to the team members this far and at present that amount is 8.5 million coins.

This is QRL Road map - https://theqrl.org/roadmap.html

Form the TA on 1h we can see price is going down but the RSI indicator shows up movements. I like those reverse signals but more I like the price of QRL which is around 11000 sat.

Main resistant areas are at:
Resistance 1 – 0,00024 btc
Resistance 2 – 0,00030 btc
Resistance 3 –0,00045 btc

My strategy is to sell :
1st Sell 50% of my QRL on 0.00022031 btc
2nd Sell 25% of my QRL on 0.00044062 btc
3rd Sell 12,5% of my QRL on 0.00088124 btc
AND so on…

Follow at your own risk, Not a financial adviser, understand the risks associated with trading and investing. Manage your own Risk - in other words you could lose it all and it's your own fault.