Scalpers Rejoice! Top Analyst Predicts Chainlink (LINK) Short-Term Surge

The Chainlink (LINK) market is abuzz with chatter after a popular cryptocurrency analyst issued a bearish forecast. In a recent analysis, CryptoWzrd predicted a continued downward trend for LINK in the coming days, but also hinted at a potential “scalping” opportunity for nimble traders.

Scalping refers to a high-frequency trading strategy where investors capitalize on minor price fluctuations within a short timeframe. CryptoWzrd believes the current bearish trend in LINK presents an entry point for such tactics. However, the analyst emphasized the need for a strong trading signal before recommending a scalp.

The next big move up from this level will be a significant indicator for the market as a whole, and LINK specifically, stated the analyst in his projection. This cryptic message has sent ripples through the crypto community, with traders eagerly awaiting CryptoWzrd’s next move.

LINK Daily Technical Outlook:$LINK closed bearish today and the next move from the current location will lead the way. I will be looking to get a quick scalp once there is a quality trade setup