price action @ the neckline of invh&s; 3hr50ma blocking the exit

As expected here we can see price action has made its way up to the neckline of the 4hr chart inv H&S pattern and even sent a wick above it. The 3hr 50ma is now blocking the exit though adding some double reinforced resistance with the neckline. Fortunately the price action doesn't seem to be getting any kind of harsh rejections down though which suggests it should eventually overcome this double reinforced resistance and trigger a breakout..always wise to wait for confirmation though. We currently have the bullish breakout target for both the purple falling wedge and the green invh&s in a close enough range to eachother that we can consider that bullish confluence lending added probability o an upward break from the invh&s. I believe if this happens we will likely hit both targets and even continue up slightly higher via fomo to the ascending dotted white at around 112k trendline before finding solid resistance and hopefully filling the cme gap in that range. I think its still possible we could fill the gaps below too so i while i'm not planning my trading strategy around them I also haven't ruled them out. The 2 big yellow trendlines crossing in the bottom right of the chart represent the 3 day golden cross which has a current trajectory slated for August 2nd. While I think ultimately this cross will lead to bitcoins bullrun getting its second wind and will likely take priceaction up another 87% I think considering how far price action is away from it right now that it could also act as a price action magnet at first having the price fall down to the cross before having a huge rebound up off of it to continue bullish momentum while falling the 8.5 and 7.6 gaps below at the same time. I think it could even throw a wick down as far as the lowest yellow horizontal trendline on the chart. Again i'm not basing my trading strategy on this happening , only factoring it in so in case it were to occur I would be prepared. The price could just as easily skyrocket from the current range upon the 3 day cross as well never filling the lower gaps whatsoever I think it should be a bullish august and when the 3 day golden cross finally proves it will sustain I think this time the alt coins are gonna rise with bitcoin.