BTC Formation of a CUP and HANDLE,typically a great bullish sign

Disclaimer:
BTC T.A based on today May 16th:

//For this to be confirmed, btc must hold the support at 7800 and eventually bounce right out of the downward channel upper line//
//This is a rough estimate, and this count would be invalid if btc does not break the previous strong resistance at 12000//
//BTC conference coming in June, this should be the key factor that would push btc above this level//


Give it a like, share, comment a suggestion or any kind of addition to the graph, or a criticism is more than welcome!