US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

4 hoursBearish91%
4h Downside probability 91%Bearish

BMNR 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $21.98 and stabilize above resistance $24.51.

Invalidation Trigger

Break above $24.51 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 43.7, MACD 0.001

4h
Volatility EnvironmentRange
Medium volatility

ATR is $0.5672 (2.62%)

4h

EMA Structure

Bearish
EMA 8$21.64Bullish
EMA 21$21.98Bearish
EMA 50$22.72Bearish

Signals

CategoryReadStrength
Momentum
RSI 43.7 · MACD 0.001

Momentum is weak

Strength
Bearish
Volatility
ATR $0.5672 · BB 14.49%

Medium volatility

Strength
Range
Volume
MFI 49.8 · OBV -5.15%

Relative to 20-period average volume

Strength
Range
Price Levels
$20.62 - $24.51

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+15.8% · 6.0 ATR above latest close

$25.08
Nearest resistance

+13.18% · 5.0 ATR above · 34-bar high

$24.51
Current price

Price shown is delayed

$21.66
Nearest support

-4.78% · 1.8 ATR below · 34-bar low

$20.62
Deeper support zone

-7.4% · 2.8 ATR below latest close

$20.05
ATR zone

Latest close ± ATR14

$21.09 - $22.22

Indicators

Trend

Dow Theory Structure

Confirmation $20.62, invalidation $23.03

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

Trend strength is active

35.7 / 20.5 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$19.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.01 / $22.85Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Volatility

ATR (14)

Medium volatility

$0.5672 (2.62%)Range
Bollinger Bands (20,2)

Width 14.49%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.1 / $20.8Range
ATR channel lower / upper

Current Volatility Envelope

$21.09 / $22.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.51Range
Support

Nearest Downside Decision Level

$20.62Range

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is positive

0.001Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.9 / 45.3Bearish
Williams %R (14)

Neutral zone

-57.1Range
CCI (20)

Balanced zone

-48.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.8Range
OBV slope

20-period OBV slope

-5.15%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Trend

Dow Theory Structure

Confirmation $20.62, invalidation $23.03

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

Trend strength is active

35.7 / 20.5 / 28.8Bearish
Supertrend (10,3)

Price is above Supertrend

$19.88Bullish
Ichimoku Cloud

Cloud Span A / Span B

$22.01 / $22.85Bearish
Donchian Channel (20)

20-period breakout channel position

27%Bearish

Momentum

RSI (14)

Momentum is weak

43.7Bearish
MACD (12,26,9)

Histogram is positive

0.001Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

42.9 / 45.3Bearish
Williams %R (14)

Neutral zone

-57.1Range
CCI (20)

Balanced zone

-48.7Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Medium volatility

$0.5672 (2.62%)Range
Bollinger Bands (20,2)

Width 14.49%

35%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$23.1 / $20.8Range
ATR channel lower / upper

Current Volatility Envelope

$21.09 / $22.22Range

Volume / Money Flow

MFI (14)

Money flow is neutral

49.8Range
OBV slope

20-period OBV slope

-5.15%Bearish
Volume ratio

Relative to 20-period average volume

0.35xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$24.51Range
Support

Nearest Downside Decision Level

$20.62Range

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