US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

1 hourBearish75%
1h Downside probability 75%Bearish

BMNR 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $25.27 and stabilize above resistance $27.15.

Invalidation Trigger

Break above $27.15 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 35.1, MACD -0.020

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2989 (1.2%)

1h

EMA Structure

Bearish
EMA 8$24.76Bullish
EMA 21$25.27Bearish
EMA 50$25.92Bearish

Signals

CategoryReadStrength
Momentum
RSI 35.1 · MACD -0.020

Momentum is weak

Strength
Bearish
Volatility
ATR $0.2989 · BB 11.91%

Low volatility

Strength
Bullish
Volume
MFI 53.8 · OBV 2.21%

Relative to 20-period average volume

Strength
Range
Price Levels
$24.28 - $27.15

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.39% · 8.6 ATR above latest close

$27.44
Nearest resistance

+9.19% · 7.6 ATR above · 34-bar high

$27.15
Current price

Price shown is delayed

$24.86
Nearest support

-2.33% · 1.9 ATR below · 34-bar low

$24.28
Deeper support zone

-3.54% · 2.9 ATR below latest close

$23.98
ATR zone

Latest close ± ATR14

$24.56 - $25.16

Indicators

Trend

Dow Theory Structure

Confirmation $25.19, invalidation $24.4

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

58.7 / 13.4 / 46.9Bearish
Supertrend (10,3)

Price is above Supertrend

$24.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.22 / $25.79Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Volatility

ATR (14)

Low volatility

$0.2989 (1.2%)Bullish
Bollinger Bands (20,2)

Width 11.91%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.75 / $24.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$24.56 / $25.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$27.15Range
Support

Nearest Downside Decision Level

$24.28Range

Momentum

RSI (14)

Momentum is weak

35.1Bearish
MACD (12,26,9)

Histogram is negative

-0.020Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.0 / 19.7Bullish
Williams %R (14)

Neutral zone

-72.0Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

2.21%Bullish
Volume ratio

Relative to 20-period average volume

6.02xBullish

Trend

Dow Theory Structure

Confirmation $25.19, invalidation $24.4

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

58.7 / 13.4 / 46.9Bearish
Supertrend (10,3)

Price is above Supertrend

$24.04Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.22 / $25.79Bearish
Donchian Channel (20)

20-period breakout channel position

24%Bearish

Momentum

RSI (14)

Momentum is weak

35.1Bearish
MACD (12,26,9)

Histogram is negative

-0.020Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

28.0 / 19.7Bullish
Williams %R (14)

Neutral zone

-72.0Range
CCI (20)

Balanced zone

-50.5Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$0.2989 (1.2%)Bullish
Bollinger Bands (20,2)

Width 11.91%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.75 / $24.73Bullish
ATR channel lower / upper

Current Volatility Envelope

$24.56 / $25.16Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

53.8Range
OBV slope

20-period OBV slope

2.21%Bullish
Volume ratio

Relative to 20-period average volume

6.02xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$27.15Range
Support

Nearest Downside Decision Level

$24.28Range

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