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 the Chainlink (LINKUSDT) daily chart, identifying a prolonged sideways consolidation pattern spanning several years. This pattern is interpreted as an Elliot Wave triangle, where the price has already traced waves A, B, C, and D. The current market action is anticipated to complete an E-wave, forming a higher low within this triangle structure. A critical technical level, the 50% retracement, is noted at $10.72. The ultimate invalidation point for this pattern's bullish potential is set at the April low of $10.00. While a short-term dip towards the $10.72 or $10.00 level is considered likely to complete the E-wave, the overall expectation is a bullish breakout following the completion of this consolidation phase. An inferred target price, based on visible resistance levels on the chart, is approximately $16.50. The analysis suggests that despite past choppiness, Chainlink is setting up for a significant directional move post-triangle completion, favoring an upward trajectory as long as the $10.00 invalidation level is not breached.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   31 Dec 2025, 10:44 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, 20:47 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.