USDT.Dominance (Y22.P1.E3).Bear market range

Hi All,

I have been watching this for some time as a signal.
I always thought if it breaks the upper level, that is confirmation of a bear market.
Question is now, how much of a bear market.
A measured move based on this structure can be to this box range.

Either a cup and handle target or a triangle target, either way, they have not reached their targets yet.

Looking at the RSI, this does look like a major drop and capitulation on the way.

All the best,

S.SAri

The first micro or local target has been reached.

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