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IOTA is a cryptocurrency designed for the Internet of Things (IoT). Unlike traditional blockchains, it uses a unique technology called the Tangle, a directed acyclic graph (DAG) that allows transactions to be feeless, scalable, and lightweight. This makes it well-suited for machine-to-machine payments, microtransactions, and secure data transfer. IOTA’s goal is to be the backbone of a machine economy, enabling devices to transact and share data autonomously.

Cryptocurrency IOTA with ticker IOTUSD remains in sideways consolidation, and it more and more looks like a bullish ABCDE triangle pattern in wave (B) that can be coming to an end soon. We are actually tracking final subwave “c” of E of (B), so soon watch out for a strong bullish breakout into wave (C), which can send the price back to March 2024 highs. Keep in mind that bullish confirmation is only above upper triangle line and 0.25 level.
 

IOTUSD Daily Chart
 

A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E. The running triangle is a region of horizontal price movement, a consolidation of a prior move, and it is composed of “threes.” That means each of the A-B-C-D-E waves have three subwaves. The triangle pattern is generally categorized as a continuation pattern, meaning that after the pattern completes, it’s assumed that the price will continue in the trend direction it was moving before the pattern appeared. However, triangles also indicate that the final leg is coming before a reversal and that’s why triangles are labeled in wave B, wave X or wave 4.
 

Basic Bullish Triangle Pattern
 

For more analysis like this, you can watch below our latest recording of a live webinar streamed on September 01 2025: DIRECT LINK 

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