Jpmorgan
Market manipulation on Silver by JP Morgan!Hello.
Let me get this straight.
First of all, I am a holder of physical silver and I find it very strange, that Jamie Dimon (JP Morgan) is meeting the one and only Joe Biden just after a rough couple of days of silver going up in value and demand
As of recent, I noticed a strange volume occurring on silver futures and I thought I would do some digging, and I must admit I was not the first one! For other people, this might be normal to know that the silver market is acting weird, for me this was the first time.
The ongoing investigation led me to this article today.
Posted by ZeroHedge -https://www .zerohedge.com/commodities/houston-we-have-problem-85-silver-london-already-held-etfs
Where it says that JP Morgan added to their SLV position 2800 tons of silver.
Which compared to the yearly OVERALL PRODUCTION OF SILVER IS 10%!
If that number just does not say they ARE FULL OF CRAP I don't know what will...
The OVERALL annual investment in silver is about 18% of its whole production and here we have JP Morgan throwing in 10% of that in their vault in about 5 days when the price is almost at local high? Seems legit.
Here is what the article says too...
There is only so much silver left for ETFs to fight over in London vaults and when there is non left the price should skyrocket. Unless they start printing again?
Sounds a LOT like there should be an investigation or at least I am hoping that people buying in those ETFs start to bank out physical silver and take this god damn banker's firm to the shothole it came out of.
I hope you are doing great. and have fun longing the best precious metal out there!
Cidoguy.
JPM short trade updated chartHere is the updated chart on JPM short trade I have posted on January, 12th. Brief pop above the resistance level to clear out any shorts. Turning around and dropping down below which proves to be a bull trap. From there, pretty steady down trend day after day. Today, hitting the first target. 10.5% down from the high. Next target is $117.20ish level and reaction is likely once it gets there. I expect a gap down tomorrow and hitting that second target pretty quick given the current market posture. Around $104.50 seems like a good support and that seems like a pretty good swing target and which will be around 26% from the high. How bullish the overall sentiment is, I can see very quick rush to the exit once it turns.
Have a good trade everyone,
T.
lying on the greenAs you may know she´s in recovery since December 2017 after she broke her ankle climbing, received the (200 EMA) parts that she ordered from Wales and are now installed, but it will take some rehab to get back to climbing...
It has been nice weather out there, so BTC went to buy some shorts.
On the way back stopped for a late-nite Starbucks, but when her order was filled she realised there was a short squeeze of JP Morgan sauce on her Fractal wrap, she hates that shit, also her coffee had a gross margin of yellowy cream... wasn´t sure how to handle it, but complained and changed it to a fundamental cheese toasty and a Fair value tea.
Back home went for a quick dip, in and out of the pool, now in the garden, lying on the green twitting replies to all the friends that have offered support during this somehow difficult times.
She doesn´t give a satoshi about what the neighbours think, but its getting late so time to turn down the volume of Bull Flag´s new single, "Resistance" so she can relax a bit before going for a little sleep.
Potential short set up for JPMThis is a potential set up and not yet actionable unless you want to take an aggressive starting position. JPM has finally up to pre COVID price level. The run up recently has been too fast too sharp in my opinion. RSI is extreme over bought reading. Any marginal high will extend the PPO divergent high. Be careful trading this since the earning is coming up on this Friday before the bell. I can see rejection here or making a marginal new high and fade. That would be a bull trap and down move may be pretty swift. Down side target for me is the yellow trend line from COVID March low or the top of the gap at $112.55.
EURGBP H1 - Long Trade SetupEURGBP H1 - Start of a potential reversal, double bottom on our big D1 support raised my eyebrows. Looking to break above 0.89400 and then retest 0.89100.
This would be a perfect start to a 2 stage reversal, but this is required before any further consideration. D1 support zone, failed lower low, break above key level and previous high, retest support. Bullish positioning....
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.