COMMENT
Although the price did make a new all time low on Poloniex, this just looks like a total flat out to me.
The price obviously has it very hard to push down any further. IMHO its just a matter of time before the trend change happens happens. Another thing I want to mention is that I see the price having a possibility of doing a sharp dip to ~0.00033 levels in order to do and try milk out the last of the cheap steem. would only be a short term dip and then turning upward.
We are still below the trend line from the September 24 peak. We have to first break the trend line before we can start targeting higher prices.