US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

1 hourBearish92%
1h Downside probability 92%Bearish

BMNR 1H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Recover $24.9 and stabilize above resistance $26.91.

Invalidation Trigger

Break above $26.91 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

1h
Momentum StateBearish
Momentum soft

RSI 32.8, MACD -0.221

1h
Volatility EnvironmentRange
Low volatility

ATR is $0.5039 (2.13%)

1h

EMA Structure

Bearish
EMA 8$24.32Bearish
EMA 21$24.9Bearish
EMA 50$24.91Bearish

Signals

CategoryReadStrength
Momentum
RSI 32.8 · MACD -0.221

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5039 · BB 12.54%

Low volatility

Strength
Range
Volume
MFI 22.6 · OBV -16.01%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$23.66 - $26.91

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.67% · 7.4 ATR above latest close

$27.41
Nearest resistance

+13.54% · 6.4 ATR above · 34-bar high

$26.91
Current price

Price shown is delayed

$23.7
Nearest support

-0.17% · 0.1 ATR below · 34-bar low

$23.66
Deeper support zone

-2.3% · 1.1 ATR below latest close

$23.16
ATR zone

Latest close ± ATR14

$23.2 - $24.2

Indicators

Trend

Dow Theory Structure

Confirmation $24.78, invalidation $25.68

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

46.9 / 5.2 / 46.4Bearish
Supertrend (10,3)

Price is above Supertrend

$22.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.98 / $25.29Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Volatility

ATR (14)

Low volatility

$0.5039 (2.13%)Range
Bollinger Bands (20,2)

Width 12.54%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.94 / $23.82Range
ATR channel lower / upper

Current Volatility Envelope

$23.2 / $24.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.91Range
Support

Nearest Downside Decision Level

$23.66Range

Momentum

RSI (14)

Momentum is weak

32.8Bearish
MACD (12,26,9)

Histogram is negative

-0.221Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.7 / 4.7Bearish
Williams %R (14)

Oversold zone

-98.3Bullish
CCI (20)

Weak expansion

-159.1Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

22.6Bearish
OBV slope

20-period OBV slope

-16.01%Bearish
Volume ratio

Relative to 20-period average volume

2.49xBullish

Trend

Dow Theory Structure

Confirmation $24.78, invalidation $25.68

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

46.9 / 5.2 / 46.4Bearish
Supertrend (10,3)

Price is above Supertrend

$22.16Bullish
Ichimoku Cloud

Cloud Span A / Span B

$24.98 / $25.29Bearish
Donchian Channel (20)

20-period breakout channel position

1%Bearish

Momentum

RSI (14)

Momentum is weak

32.8Bearish
MACD (12,26,9)

Histogram is negative

-0.221Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

1.7 / 4.7Bearish
Williams %R (14)

Oversold zone

-98.3Bullish
CCI (20)

Weak expansion

-159.1Bearish
TD Sequential

Setup is not extreme

buy 5Bullish

Volatility

ATR (14)

Low volatility

$0.5039 (2.13%)Range
Bollinger Bands (20,2)

Width 12.54%

3%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.94 / $23.82Range
ATR channel lower / upper

Current Volatility Envelope

$23.2 / $24.2Range

Volume / Money Flow

MFI (14)

Money flow is weak

22.6Bearish
OBV slope

20-period OBV slope

-16.01%Bearish
Volume ratio

Relative to 20-period average volume

2.49xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.91Range
Support

Nearest Downside Decision Level

$23.66Range

Related Forecasts