US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

4 hoursBearish68%
4h Downside probability 68%Bearish

BMNR 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $23.95 and stabilize above resistance $26.97.

Invalidation Trigger

Break above $26.97 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBearish
Momentum soft

RSI 49.8, MACD -0.010

4h
Volatility EnvironmentRange
Medium volatility

ATR is $0.9176 (3.82%)

4h

EMA Structure

Bearish
EMA 8$23.66Bullish
EMA 21$23.95Bullish
EMA 50$23.99Bullish

Signals

CategoryReadStrength
Momentum
RSI 49.8 · MACD -0.010

Neutral zone

Strength
Bearish
Volatility
ATR $0.9176 · BB 16.48%

Medium volatility

Strength
Range
Volume
MFI 42.8 · OBV -15.50%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$22.18 - $26.97

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+16.1% · 4.2 ATR above latest close

$27.89
Nearest resistance

+12.28% · 3.2 ATR above · 34-bar high

$26.97
Current price

Price shown is delayed

$24.02
Nearest support

-7.66% · 2.0 ATR below · 34-bar low

$22.18
Deeper support zone

-11.48% · 3.0 ATR below latest close

$21.26
ATR zone

Latest close ± ATR14

$23.1 - $24.94

Indicators

Trend

Dow Theory Structure

Confirmation $22.18, invalidation $26.6

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

Trend strength is moderate

19.7 / 20.0 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$21.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.94 / $24.58Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

Medium volatility

$0.9176 (3.82%)Range
Bollinger Bands (20,2)

Width 16.48%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.62 / $22.25Range
ATR channel lower / upper

Current Volatility Envelope

$23.1 / $24.94Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.97Range
Support

Nearest Downside Decision Level

$22.18Range

Momentum

RSI (14)

Neutral zone

49.8Range
MACD (12,26,9)

Histogram is negative

-0.010Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.6 / 38.9Bullish
Williams %R (14)

Neutral zone

-58.4Range
CCI (20)

Balanced zone

-22.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-15.50%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Trend

Dow Theory Structure

Confirmation $22.18, invalidation $26.6

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

Trend strength is moderate

19.7 / 20.0 / 25.8Bearish
Supertrend (10,3)

Price is above Supertrend

$21.42Bullish
Ichimoku Cloud

Cloud Span A / Span B

$23.94 / $24.58Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

49.8Range
MACD (12,26,9)

Histogram is negative

-0.010Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

41.6 / 38.9Bullish
Williams %R (14)

Neutral zone

-58.4Range
CCI (20)

Balanced zone

-22.5Range
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$0.9176 (3.82%)Range
Bollinger Bands (20,2)

Width 16.48%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$25.62 / $22.25Range
ATR channel lower / upper

Current Volatility Envelope

$23.1 / $24.94Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

-15.50%Bearish
Volume ratio

Relative to 20-period average volume

1.06xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$26.97Range
Support

Nearest Downside Decision Level

$22.18Range

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