Ethereum is an open-source blockchain-based in addition to a decentralized platform featuring smart contract functionality and ETHUSD is the value token of the Ethereum blockchain against US Dollar.
Down from 05/06/2018 peak $840, Ethereum is showing an incomplete 5 swings sequence to the downside.
As long as bounces fail below $629 peak, then ETH can trade lower toward equal legs area $280 – $200 before ending a 7 swings double three structure. Up from there, it will be looking to bounce higher in 3 waves at least.
ETHUSD 4H Chart 6.20.2018