This video provides a professional Elliott Wave and technical analysis of Chainlink (LINK), focusing on market structure, major support and resistance zones, and the potential setup for the next impulsive move. The aim is to give viewers a clear, educational understanding of LINK’s current price beh

AI-generated source summary

The analysis of Chainlink (LINKUSD) on the 1-hour timeframe suggests a continuation of a corrective downtrend. The current price action is interpreted as part of a three-wave (ABC) correction within a larger Wave 4. The initial move up from a Saturday low was deemed insufficient to correct the entire prior upside movement, leading to an expectation of a bounce into resistance followed by at least one more leg down. The analyst highlights that a three-wave move, potentially topping on Wednesday the 3rd, is a key observation. The overall market sentiment for LINKUSD is currently viewed as weak, characterized by corrective, non-impulsive movements on both the 1-hour and daily charts over the past few months. Specifically, for the ongoing C-wave of the corrective structure, an ideal target is identified at the 100% Fibonacci extension, which corresponds to approximately 12.664. A micro support zone is noted, but it is not expected to hold definitively. A break below 12.231 (78.6% retracement) would increase the likelihood of the alternative blue count, which implies a deeper correction. Conversely, for the immediate bearish outlook to be invalidated, the price would need to break above the resistance zone ranging from 14.123 to 14.748. The analysis indicates that current price fluctuations are minor, with no significant trend reversal observed to date. The trend remains down, characterized as a corrective bounce rather than an uptrend.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   08 Dec 2025, 04:06 UTC

   The analyst published the original source item.

2. First prediction resolved

   09 Dec 2025, 16:00 UTC

   The first evaluable outcome in this case reached a terminal result.

3. Case evaluation completed

   09 Dec 2025, 16:00 UTC

   All evaluable predictions in this case reached terminal outcomes.

4. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

   The public source was preserved as the evidence record for this case.

5. Market predictions extracted

   18 May 2026, 20:48 UTC

   1 eligible signal linked to this case.

6. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.