[Prior QTUM analysis(https://steemit.com/bitcoin/@haejin/qtum-btc-an-impulse-wave-is-followed-by-a-requisite-retracement) had targeted $18.85 as a potential bottom as shown below.
IF the bottom had been tagged, then an impulse of five waves would be the earliest and most solid signal of a reversal. Those waves are just starting to materialize. The below QTUM/USD pair needs to start making higher highs with each impulse wave as shown by the white i,ii,iii,iv,v.
The QTUM/BTC pair seems to be completing the fives waves of the abc of the WXY correction. The labels show a potential for one more lower low for this pair. IF that's the case, being the /BTC pair, it would be lagging the /USD pair.
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