Posted this on reddit, gonna copy/pasta it here:

Been analyzing the market and watching it take all variable changes from the sequence of events/non-events from the fud, to the bad PR, to bitcoin crunching the market then crunching it more... This is reminding me of the good old gox days when things were extremely volatile (or even cryptsy big pumps on newly listed/hot coins).

* The patterns from back then haven't really changed much, just the frequency of oscillations and the size/lengths of the pumps/bleeds/knives/etc.

* PL Just experienced what every coin goes through, I've learned to call them speed bumps (aside from the obvious insane 10x run and post correction coupled with the above points). And now it's going to experience what every coin experiences after such a heavy drop, however again with variable change this time and a unique set of variables regarding the team, validity, and positive things that attracted you to this to begin with (aside from profit, or that reassured you of future profit).

* The recent support and resistance to go lower has been more organic and less spikey. Less and less people want to sell. More and more people are starting to buy in chunks as we reverse and hopefully stay on the up from here.

* The next wave? Who knows, if we follow traditional patterns it SHOULD NOT pump like crazy for another while however we just might be surprised with this one due to the eco-system as it morphs fast right now so we could see another double as much as going up slowly over a few weeks.

* Glad I've held out and todays recent moves have instilled some more confidence back into the team (also looks like that tweet is gone now?).

Onwards and upwards, let's try to spread good vibes again vs the pitchfork parade and just learn from this lolercoaster so far.