Analysis of the IOTUSD Cryptocurrency Pair for 03.12.2025
Currency pair analysis based on modified wave analysis, Fibonacci levels, and price channels.
03.12.2025.
IOTUSD
The trend is downward. The coin is trading between 365 and 135 EMAs. The ascending truncated wave structure has completed with a breakout of the trendline. The Awesome Oscillator shows a bearish divergence, while the Stochastic Oscillator indicates overbought conditions.
Trading idea:
Sell upon the formation of a descending wave structure, where wave (A) breaks through the trendline of the ascending truncated structure.
Stop Loss – 0.1070 (above the local high of the structure).
Target levels – 0.1000; 0.0950.
