SUMMARY
[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.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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