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 LINKUSD on the 1-hour timeframe indicates a market rejection from a critical resistance area, suggesting the initiation of a C-wave decline. The prior upward movement is interpreted as a corrective bounce rather than an impulsive trend. This earlier pullback was deemed insufficient to correct the entire preceding upward move, implying a broader ABC corrective structure is probable, extending the current downward phase. The analyst highlights two potential market trajectories: either a continuation of the C-wave decline towards a target or a transition into a fifth wave down. Both scenarios point to further price depreciation. A key level at the 100% extension, specifically $12.737, is identified as a primary target for the C-wave. A breach below $12.23 (78.6% extension) could confirm the onset of a fifth wave. Conversely, a wider wave four correction remains plausible if the price holds above $12.23. The resistance zone, previously highlighted, includes the 61.8% retracement at $14.236 and the 88.7% retracement at $14.725. Sustained trading below this intraday high suggests ongoing downward pressure. The current market action is characterized by choppiness and a lack of clear trend, signifying a challenging trading environment. Patience is recommended due to the slow, corrective nature of the price movements.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   09 Dec 2025, 00:40 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.