While charts are useful to map patterns of the collective minds of the market participants, when you get into volatility like this just remember one thing...
Buy low and sell high
This is an awesome drop that should be celebrated and not worried about. If you have faith that the market is there in the long run, then what are you worried about?
I may be new to steemit, but not new to markets... been doing this for 30 years.
Good luck all!