US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

4 hoursBearish81%
4h Downside probability 81%Bearish

BMNR 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $14.99 and stabilize above resistance $17.81.

Invalidation Trigger

Break above $17.81 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 31.9, MACD -0.158

4h
Volatility EnvironmentRange
Medium volatility

ATR is $0.6125 (4.5%)

4h

EMA Structure

Bearish
EMA 8$14.04Bearish
EMA 21$14.99Bearish
EMA 50$16.36Bearish

Signals

CategoryReadStrength
Momentum
RSI 31.9 · MACD -0.158

Momentum is weak

Strength
Bearish
Volatility
ATR $0.6125 · BB 31.16%

Medium volatility

Strength
Range
Volume
MFI 24.6 · OBV -139.14%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$12.8 - $17.81

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+35.46% · 7.9 ATR above latest close

$18.42
Nearest resistance

+30.96% · 6.9 ATR above · 34-bar high

$17.81
Current price

Price shown is delayed

$13.6
Nearest support

-5.88% · 1.3 ATR below · 34-bar low

$12.8
Deeper support zone

-10.39% · 2.3 ATR below latest close

$12.19
ATR zone

Latest close ± ATR14

$12.99 - $14.21

Indicators

Trend

Dow Theory Structure

Confirmation $17.13, invalidation $15.45

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.0 / 17.8 / 43.9Bearish
Supertrend (10,3)

Price is above Supertrend

$11.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$14.73 / $16.33Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Medium volatility

$0.6125 (4.5%)Range
Bollinger Bands (20,2)

Width 31.16%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$16.16 / $13.7Range
ATR channel lower / upper

Current Volatility Envelope

$12.99 / $14.21Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$17.81Range
Support

Nearest Downside Decision Level

$12.8Range

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-0.158Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 14.1Bullish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Weak expansion

-109.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

24.6Bearish
OBV slope

20-period OBV slope

-139.14%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $17.13, invalidation $15.45

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

35.0 / 17.8 / 43.9Bearish
Supertrend (10,3)

Price is above Supertrend

$11.78Bullish
Ichimoku Cloud

Cloud Span A / Span B

$14.73 / $16.33Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

31.9Bearish
MACD (12,26,9)

Histogram is negative

-0.158Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

18.5 / 14.1Bullish
Williams %R (14)

Oversold zone

-81.5Bullish
CCI (20)

Weak expansion

-109.5Bearish
TD Sequential

Exhaustion setup is near completion

buy 9Bullish

Volatility

ATR (14)

Medium volatility

$0.6125 (4.5%)Range
Bollinger Bands (20,2)

Width 31.16%

15%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$16.16 / $13.7Range
ATR channel lower / upper

Current Volatility Envelope

$12.99 / $14.21Range

Volume / Money Flow

MFI (14)

Money flow is weak

24.6Bearish
OBV slope

20-period OBV slope

-139.14%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$17.81Range
Support

Nearest Downside Decision Level

$12.8Range

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