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 Chainlink market is currently in a sideways consolidation phase, characterized by sharp declines and subsequent lower highs, indicating a local downtrend. Despite ongoing attempts by bulls to initiate an upward movement, the reactions observed have been weak and choppy, failing to present a sharp increase or a clear five-wave impulse move. The price has recently reacted to the 138% Fibonacci extension level, but significant upward momentum remains absent. A critical resistance trendline, currently situated around $13.35, continues to cap any potential rallies. For a confirmed C-wave bounce within the larger degree fourth wave scenario to materialize, a decisive break above this $13.35 resistance level is essential, accompanied by a full-scale five-wave move to establish a series of higher highs and higher lows. Conversely, if the market breaks below the $12.35 support level, specifically the 161.8% Fibonacci extension at $12.18, it would negate the current bullish bounce scenario and significantly increase the probability of a direct decline towards the $10 mark.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   17 Dec 2025, 03:51 UTC

   The analyst published the original source item.

2. First prediction resolved

   17 Dec 2025, 16:00 UTC

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

3. Case evaluation completed

   17 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, 20:47 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.