Jpmorgan
The chart doesn't lie, Bullish Flag breakout for JPM? JPM is noticeably breaking the downward blue sloping resistance of a possible bullish flag, notice on the RSI we have already seen a breakout of the pattern and a re-test of old resistance turning into new support, very bullish.
Not a big fan of JP Morgan, only for bashing Bitcoin, other than that, they have the FED in their back pocket, DON'T FIGHT THE FED, FFS!
Or, did the FED bypass banks with a digital USD?
Time will tell, but the chart is bullish, stonks only go up!
Possible Head & Shoulders for JPM?JP Morgan is under pressure, and rightfully so, considering they've been caught with their hand in the cookie jar, once again, ahhhh the blasphemy!
I always find it ironic when the same banks calling Bitcoin a fraud get caught for fraud or money laundering, it strengthens the argument for Bitcoin every single time.
Possible H&S breakdown, bearish cross on the KST. I zoomed in on the KST so the bearish cross is noticeable, but if you zoom out there's a noticeable H&S pattern.
Descending Triangle on the RSI, similar to the blue pattern in the price action, potentially double bearish confirmation.
The FED is busy saving the DXY & trying to prevent the USD from losing world reserve currency status, so maybe they'll let assets decline until elections are over, who really knows? But if the USD collapses I don't imagine all assets prices will increase, it could get fugly.
Kadena BREAK UP CONFIRMED!?! next stop is the MOON.TOP 100 BANKSDigged super lots of valuable information on Kadena recently and found out that one of the TOP 100 Banks in the world is already a client of Kadena! Jp Morgan is one of the TOP 100 banks list.. the team comes from Jp morgan.. im just having a wild guess...
What more they have Huge partnerships with USCF, a 3 billion Fund company.. also already a client.. they have few more..and more firms are coming to Kadena because it is a Hybrid Blockchain (both private and public). This is what the real enterprise are looking for and have been hesitating from ETHEREUM days..
There is also U.S. Licensed Exchange listing coming... u can google that and that will narrow down to only afew BIG ones..
i can safely say 2020 is one of the big moment for KDA as many are still unsure on what KADENA is capable of..
Kadena has CLOSE relationship with Polkadot $DOT . funded by DOT and working bridges with DOT.
Fidelity Investment arm is also invested in Kadena. google Fidelity if u are unsure what that is..
Coinmetro, a licensed exchange is working with Kadena team on building DEFI products and more because Kadena has awesome tech.
the FA for Kadena is super bullish, same for the Chart in daily. this is going to X10 - X30 mid-long term.
Kadena is only 20mil market cap now.. thats very low for such accomplishments.
KDA Kadena BREAKING UP! CoinMetro Collaboration for DEFI ProductDigging for more KDA information and found out Coinmetro, CoinMetro is an EU licensed exchange and holds active registrations with regulators in the USA and Australia.
The thing is, Coinmetro is actually working with KDA to come out with DEFI products and alot more that the CEO of coinmetro thinks will come out in Q4 2020.
Many are thinking Kadena is just another POW coin, and they are WRONG.
Kadena has Fortune 100 companies (insurance and BANKS) using KDA already.
Due to NDA, Kadena are not able to publish them unless the End User decides to in the future.
For this, im buying a HUGE bag of KDA. Kadena is a Sleeping GIANT.
The chart also shows accumulation done and is Breaking Upwards.
There we go kadena!
Kadena KDA Scaled POW - 1st in the World!! 480K TPS(20chains)From 10 chains to 20 chains, Kadena is now able to achieve 480K Transactions per second on 20 chains.
This is their first successful mainnet fork, first ever in the world when nobody said Bitcoin could scale.
Kadena can keep scaling with no limits to 1000 and over chains..this means millions of TPS at least.
No blockchain has ever successfully scaled POW except for Kadena!
Kadena is built by JP Morgan elites.
They have worked with the SEC, JP Morgan, Financial Institutions in the past. the power of Kadena means that Huge enterprises will flock in because Kadena can now accept Enterprise usage. AWS and Azure is up for KDA already.
#DeFi partnership, U.S. Exchange listing(Q3-Q4), Rosetta Coinbase integration is ALL coming in September.. there is also an update coming from USCF investments.
Kadena is only 20mil + in market cap now. such a small cap with huge potentials will be rocketing in this bull market.
Many influencers are starting to notice this GEM.. Take note
Now for the price, i feel this gem can easily go above 300mil, even more than 1billion in Market cap.
this Gem is only less than 30 mil now as it has not yet hit Tier 1 Exchanges. Coinbase is already looking to list it.
Look this Hidden Bullish Divergence.This chart is so Bullish.
Thanks JpMorgan.
Hidden Bullish Divergence :
www.perfecttrendsystem.com
Kadena - KDA primed to go up anyways X10 ! Below 30Mil MC nowKadena is invented from former JP Morgan blockchain pros. they have close relations to SEC, Coinbase, Jp Morgan. this is a gem as i said before! bullish on this, will break up soon. i feel coinbase listing is near. Coinbase has KDA under processing for listing! and Kadena has Rosetta integrated.
Talking about fundamentals - KADENA (KDA) - JP Morgan + coinbasePer title... kadena is still unable to purchase by US investors. This is the best time to buy it for long term!! At least 10X - 1000X. Why?
Current MC - 20 million ONLY
PRESALES was about 70cents
Kadena team is from JP MORGAN, has SEC connections, is in listing list by COINBASE.
Kadena is currently finding an exchange for US Traders... coinbase might be a great fit? Nice...
What more... Kadena has a partner 30 billion fund.. they are working on hard assets.
Kadena is already on AWS + AZURE .
Kadena will be on mining till over 100 years later when the last coin are mined, just like bitcoin.
Kadena has smart contract capabilities just like Ethereum.
Kadena is a hybrid blockchain. Noone has ever built this.
See you on the moon.
JPM contrarian earnings tradeJPM is coming out with earnings on Tuesday the 16th. A lot of people are HEAVILY bearish on financials. But how bad are the banks really when they are raking in money from the PPP programs? Not to mention all of the bad loans the Fed is taking off the books? We could see a big pop up after the earnings call. I will be out if nothing happens after earnings. Aug 100 and 110 calls.
Cheers,
-Sherem
JP Morgan $JPM$JPM is still in bearish channel even though it is just above the 50SMA which is good sign for future trend. I would expect to hold above $115 before get in.
12 months Consensus Price Target: $111.99
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JPMORGAN STOCK PRICE COULD NOT BREAK SUPPORT AT 91.40JPM stock price has been testing the support level at 91.40 & each time the level is tested, it is met with bulls. Last week Friday bullish reversal looks phenomenon with good volume accompany the rise in price. This is the time to push the price above 100 in the coming days...
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades