is Matrix AI setting up a major move?

Matrix AI network is an crypto AI project that has a clear downtrend line starting in 2018. We're currently back at that trendline forming a good pattern to go parabolic. If it continues to build up to the 0.07 level and succesfully breaks it, I believe we can see some massive gains. The hype about AI in general can be a contributing factor to such a move.
Note; This is quite a risky investment at the current time. BTC will be a major factor to include, but if BTC can have some gains and then maybe a standstill where it goes in a somewhat sideways price movement. I believe some altcoins can really benifit from that.
Support and Resistance

Disclaimer