---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000309844.md"
description: "$BitMine Immersion Tech(BMNR.US)BMNR seems to be in its fourth wave of a huge 5 wave impulse. This ticker is best seen on a log chart (attached).As of post, it looks to be in a bottoming process and at the 100% retrace of the B between the 38.2 and 50 retrace of the 3rd wave on declining volume.Key look out points are a bullish candle at these levels followed by increasing volume and a clear 5 waves up.RSI has broken its downtrend with bullish divergence confirmed by the detrended oscillator.I am cautiously bullish on BMNR rallying from here in into its fifth wave provided supports hold.On a side note and for academic purposes, the ABC might be better viewed as a WXY pattern. Disclaimer: For sharing purposes only. Kindly do your own due diligence! @Bridge Buzz SG @Longbridge Singapore"
datetime: "2025-11-18T09:32:57.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000309844.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000309844.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000309844.md)
author: "[Heroic Lifesaver](https://longbridge.com/en/profiles/21630362.md)"
generator: "portal-rs"
---

# $BitMine Immersion Tech(BMNR.US)BMNR seems to be i…


### Related Stocks

- [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md)
- [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md)
- [WAVE.US](https://longbridge.com/en/quote/WAVE.US.md)
- [RSI.US](https://longbridge.com/en/quote/RSI.US.md)

## Comments (12)

- **Captain's Treasure · 2025-11-19T10:27:42.000Z · 👍 1**: Wow, what a fantastic share! We're so impressed by the depth of your analysis, posts like this truly level up our community💯🔥🌟Here's a surprise for you - SGD $2 cash reward is on its way to you, you may claim the reward at "Me" > "My Rewards".Can't wait to see your next post🤩
  - **KC1028** (2025-11-19T10:31:53.000Z): 👏🏻👏🏻👏🏻
  - **Heroic Lifesaver** (2025-11-20T09:57:25.000Z): Appreciate the recognition and appreciation. It’s not much but hope my sharing helps! 😊
- **huatbigbig · 2025-11-18T12:51:40.000Z**: long term eth supercycle. according to tom lee
  - **Heroic Lifesaver** (2025-11-18T14:20:46.000Z): Yup he might be right. Because the phrase ‘long term’ can be interpreted in many ways subjectively. However IMHO, this is either the fourth wave of a C of a third wave of a huge multi month diagonal i
  - **Heroic Lifesaver** (2025-11-18T14:20:52.000Z): So next will be a five wave fifth or a five wave C which in honesty might see the 6000 levels as crazy as that sounds. However what comes after that will be a deep fourth wave diagonal retrace that mi
  - **Heroic Lifesaver** (2025-11-18T14:22:52.000Z): The upcoming rally into the year end IMO will be liquidity driven and it will be a blow off into the 6000s which will see bullish euphoria and calls for 50000 ETH or more. When that happens, its tike 
- **KC1028 · 2025-11-18T11:55:38.000Z**: Hmmm considering to get in, is this a good time?
  - **Heroic Lifesaver** (2025-11-18T12:50:43.000Z): I cannot decide for you. But from the technicals, this is the spot where the fourth wave typically bottoms. The risk reward here is good imo but you need to have strict stops where you must get out as
  - **KC1028** (2025-11-18T15:40:24.000Z): Thanks for sharing!🤩
- **新手买哪个 · 2025-11-18T10:36:19.000Z**: is this a good long-term hold or more for short-term trading?
  - **Heroic Lifesaver** (2025-11-18T12:58:59.000Z): This is not a time for long term holds. The general market is in the huge final wave of a long drawn secular bull market starting from the 2010s. So lots of risks involved. This ticker is a high beta 


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**