Good TA, but I would be careful here. I think the recent price action is largely driven by Bitcoin skyrocketing close to its ATH. If the ATH is broken, there's no telling how high it may go and thus how low Steem (and pretty much all other alts) will go. A cost averaging strategy would be appropriate since picking the bottom will be very difficult. I'm sure there will be a correction at some point, but you might have to shift your timeframe to a more intermediate scale and be a bagholder for a while.