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.