If steem goes below the red line 5 to 15 % , I would buy in layers as it goes down every 5% or layer buys down to the orange line and keep increasing the investment amount as you go closer to the orange line,
then, as the price moves up towards the red line sell in layers every 5 to 10 % movements and if bullish continues, then, it should go up past the red line.
I agree with you that one should keep an eye out for BTC's movement since Steem tends to follow BTC.
....imo....any comment?