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 focuses on Chainlink (LINKUSD) on the daily timeframe, identifying a prolonged sideways consolidation since early 2023, forming a triangular pattern within a larger corrective wave (iv). The current price is approximately $13.88. The analysis posits that for a directly bullish scenario to unfold, this triangle must complete with its E-wave forming a higher low. The critical invalidation point for this bullish triangle pattern is identified as the April low, at $9.98. A breach below this level would invalidate the triangle structure, as an E-wave must maintain a higher low relative to previous waves within the pattern. While the long-term macro potential for a bullish surge to targets around $79.916 to $123.80 (for a larger wave (v) or (III) c) is acknowledged, the immediate micro-structure lacks the aggressive five-wave upside momentum needed for a confirmed breakout. The presenter suggests that one more low is currently the more probable short-term development, potentially leading to a retest of support levels between $12.35 and $13.60, or even the $10 mark, to complete a flat correction (A-B-C) on the 1-hour chart before any significant upside. The resistance zone for a potential short-term upward move is between $14.029 and $17.307, with a specific wave (4) target around $16.24. However, a sustained five-wave impulse above $14.03 is required to signal a breakout.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   12 Dec 2025, 06:22 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   18 May 2026, 20:23 UTC

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

3. Market predictions extracted

   18 May 2026, 20:48 UTC

   1 eligible signal linked to this case.

4. Outcome tracking started

   02 Jul 2026, 01:22 UTC

   Tahlil Plus began monitoring the extracted predictions.

5. First prediction resolved

   02 Jul 2026, 01:22 UTC

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

6. Case evaluation completed

   02 Jul 2026, 01:22 UTC

   All evaluable predictions in this case reached terminal outcomes.