US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

4 hoursBearish79%
4h Downside probability 79%Bearish

BMNR 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $26.1 and stabilize above resistance $28.12.

Invalidation Trigger

Break above $28.12 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.8, MACD -0.232

4h
Volatility EnvironmentRange
Medium volatility

ATR is $0.6560 (2.64%)

4h

EMA Structure

Bearish
EMA 8$25.41Bearish
EMA 21$26.1Bearish
EMA 50$26.3Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.8 · MACD -0.232

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6560 · BB 13.08%

Medium volatility

Strength
Range
Volume
MFI 55.8 · OBV -1.54%

Relative to 20-period average volume

Strength
Range
Price Levels
$24.28 - $28.12

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.75% · 6.0 ATR above latest close

$28.78
Nearest resistance

+13.11% · 5.0 ATR above · 34-bar high

$28.12
Current price

Price shown is delayed

$24.86
Nearest support

-2.33% · 0.9 ATR below · 34-bar low

$24.28
Deeper support zone

-4.97% · 1.9 ATR below latest close

$23.62
ATR zone

Latest close ± ATR14

$24.2 - $25.52

Indicators

Trend

Dow Theory Structure

Confirmation $24.28, invalidation $27.15

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

Trend strength is active

24.7 / 15.8 / 37.1Bearish
Supertrend (10,3)

Price is above Supertrend

$22.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.96 / $26.83Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Volatility

ATR (14)

Medium volatility

$0.6560 (2.64%)Range
Bollinger Bands (20,2)

Width 13.08%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$27.4 / $24.73Range
ATR channel lower / upper

Current Volatility Envelope

$24.2 / $25.52Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$28.12Range
Support

Nearest Downside Decision Level

$24.28Range

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-0.232Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.3 / 10.7Bullish
Williams %R (14)

Oversold zone

-80.7Bullish
CCI (20)

Weak expansion

-155.7Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

55.8Bullish
OBV slope

20-period OBV slope

-1.54%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Trend

Dow Theory Structure

Confirmation $24.28, invalidation $27.15

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

Trend strength is active

24.7 / 15.8 / 37.1Bearish
Supertrend (10,3)

Price is above Supertrend

$22.8Bullish
Ichimoku Cloud

Cloud Span A / Span B

$25.96 / $26.83Bearish
Donchian Channel (20)

20-period breakout channel position

15%Bearish

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-0.232Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.3 / 10.7Bullish
Williams %R (14)

Oversold zone

-80.7Bullish
CCI (20)

Weak expansion

-155.7Bearish
TD Sequential

Setup is not extreme

buy 6Bullish

Volatility

ATR (14)

Medium volatility

$0.6560 (2.64%)Range
Bollinger Bands (20,2)

Width 13.08%

8%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$27.4 / $24.73Range
ATR channel lower / upper

Current Volatility Envelope

$24.2 / $25.52Range

Volume / Money Flow

MFI (14)

Money flow is strong

55.8Bullish
OBV slope

20-period OBV slope

-1.54%Bearish
Volume ratio

Relative to 20-period average volume

2.17xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$28.12Range
Support

Nearest Downside Decision Level

$24.28Range

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