So... I figured out the exact spots for the spawns 👍 The primary spot is just behind the red obelisk on the thin little strip of land near the southern island. (I almost always see one spawn there) I also find them frequently spawning around the “back spike” of the red obelisk. You will almost always find a quetz around these two places. (At least on mobile) If you want a high level, just kill the one that spawns at these two places and a new one will always respawn back at those two places. This technique worked for me.
I’m a lvl 84 and I’ve only seen these guys about 7 times. I was on my Argy, higher than the tallest redwood tree and I seen them. Yes they like to fly high and they have been watching you tame that lvl 45 dilo.
There is usually at least one quetz roaming around the red obelisk and craggs Island. Go over there and kill any and all quetzals that aren't of your liking, and then fly to above the nearby swamp or The end of the red lake (or further). Then fly back and be sure to check above the beach area between craggs and the obelisk which is separated to craggs by a thin water path. If no quetzal has spawned there then look around and west of the obelisk. If no quetzal has been found in either area then try flying further away or waiting 10 sec before going back. This method works especially well on evolution event which is when I've mostly tried it. Good luck!