The analyst examines the Fetch.ai chart on the 1-hour timeframe. He points out that the price broke initial micro support, indicating a lack of upward momentum. The rally remained a three-wave move up. Upside is possible within a C wave, specifically an ending diagonal pattern. For the analyst to be convinced, a break above the 50 cent level is necessary. The analyst identifies a support zone between 15.6 cents and 22.6 cents. The price reacted around 19.4 cents, near the golden ratio level, which aligns with expectations.