COMMENT
Seems the price is heading towards the ~0.001 support level.
The volume is very low yet the downwards volatility picked up.
The thing with this low prices is that it might turn around at any point so I personally won't wait until the very bottom for my trades.
RE: $STEEM/BTC Daily Poloniex+Bittrex Technical Analysis / Market Report Update #39, "...to the ring of fire.." Sept 08, 2016