The Trust Layer for Market Analysts

The analysis reviews Fetch.AI's chart, noting a decline into a lower support zone for a B wave. A break below the March or April lows wasn't favorable, invalidating an upside move towards the $6.20 area. One member inquired about upside targets for Fetch. A mathematical projection indicates a potential upside towards $6.20, which has remained unchanged. The analysis states that a local setup is necessary to confirm this. The recent event broke the setup. Although the target of $6.20 remains valid from the mathematical model, a new setup and upside momentum are required. What happened during the crash and the recovery is impossible to say. Rally and sideways consolidation, a major top is not yet confirmed. There isn't much that the analyst can do with the actual wick.