i am not going to say it is right or wrong, just two things:
made purely via pattern extrapolation.
these things never work, they there to make traders feel better and when it comes to bitcoin they are there for fun because bitcoin doesn't follow any rules of traditional market.
Since you so strongly believe it will not happen, that is exactly why it's going to happen.
quite the opposite actually!
when majority strongly believe something will happen, that thing will happen. for example we all know the block halving effect comes at least 2 months after it happens. but the price rise starts 2 months before its date because people strongly believe price will rise because of it!
or a more recent example is the SegWit2x cancellation which everyone strongly believed bitcoin cash will rise because of it, and it certainly did.