THETA/USDT Update: Mainnet launch rescheduled/ Spotting entries

Theta pulled out a >100x graph since march 2020 and is overextended.
The news that the mainnet launch was rescheduled by more than 2 months led to a selloff that most likely will continue until we find strong support.
Due to the overextension it's hard to find these spots but we found some ideas showed by the boxes.

Basic rules:
- Never buy the top/ATH
- Take profit as long as you can
- Use Stop/loss for leveraged positions
- If you are not experienced, don't leverage in the first place

Enjoy the ride and don't be too greedy.
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Always do your own research and keep in mind that my charts and comments cannot be considered financial advice.
Cheers

ps.
Chart explanation:
Main lines:
- Green lines are tested support lines.
- Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet.
- Cyan line is for volume trendline.
Helplines:
- Purple lines are trendlines we take a look at.
- Yellow lines are for visual help only.
Boxes:
- Either entry zone or support zone. Check the description.