Equilibrium in Uncertainty – Is It Coming?
BitMIN (BMNR) is close to $7, close to $29 after a 15% jump around the big bitcoin purchase. Bush helped to stabilize the market for a while, but the recent price pull of Bibimid is still easy to improve.
Both Big-money flow and trends and trends have not been sufficiently confirmed so far.
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Weak cash flow and loss crossings will limit the recovery
Chaikin's cash flow (CMF) is still below zero and below the lineage, which monitors whether large buyers support the price. Although the company continues to buy Emerim in quantity, this means that the cash flow to BMNR is weak.
This is key because whenever the CMF approaches this trend and the zero line for the past two months, the BNNN has subsequently broken the successful short-term disruption offering. The rally held at the end of September is the only time when it is lit above zero. That move saw the stock rise 39%.
Right now, CMF is nowhere near repeating that mark. Until both the trend and the zero line are shy, the prospects for recovery are weak.
Trend pressure is also building. It forms two cross-bank crossings
The 50-day EMA is being supported by the 50-day EMA, and the 20-day EMA is being closed by the 200-day EMA.
EMA Croser Trys average price byte trends. In the year No November 3 and No November 3 and the year November 14, the same numbers were reduced by 17% and 29%.
Due to the heavy current, the emery is exposed to the change of the emery, which is exposed to the BNM, this adds another risk of falling. If Assom is weak, it can distort when these cross effects appear.
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BitMINE price levels show how much corruption is released
On the price chart, the price of BMR at $31.57 is the same level that was previously evaluated as a sign of real strength. The price of the BBM will be moved to the close, but the closing above, could not confirm that buyers are not in control.
Staying below $31.57, the bullish position remains active.
Key now set key levels by:
$26.99 at Support (23.6% Fib (38.6% Fib, Strong Support)
When both of these levels are broken, it can take even up to $16.29.
These supports show why they are not recovering. The bearish barrier near $31.57 will continue to provide resistance, and the chart will give way to deep gains.
However, a clean close above $31.57 could indicate a bullish issue for now and could even push the BB price to $43.83. But that requires Tetemium to show strength.
