Another nice analysis, always fun to read these. I also think we will be heading lower, got my next buy order set in the low 0.00015s. I am becoming more and more encouraged by the continuing range-bound action, although my accumulation rate has slowed as my finances are unfortunately a bit strained lately. The longer the price bounces around in this area, the more likely it is to be a solid floor, and the better the uptrend will be when we finally see a break out.
I plan to stay fully powered up until Steem reaches at least $1. After that, we'll see, may cash a bit out to pay some bills. It's always hard to judge the right moment to exit. I tried timing the tops in Ethereum for a while, but gave up on that and now I'm just a long-term ETH hodler come what may. Hmm, maybe it's worth selling some of my ETH and transferring the profits into Steem, now there's a thought...
RE: STEEM Price Analysis – January 24, 2017