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#AXSUSDT The price has broken out of the descending channel and broken the descending trendline with strong momentum. This is the beginning of an uptrend and we can consider this currency for higher prices.



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#AXSUSDT The price has broken out of the descending channel and broken the descending trendline with strong momentum. This is the beginning of an uptrend and we can consider this currency for higher prices.

BY Technical CRYPTO Analyst




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Traders also expressed uncertainty about the situation with China Evergrande, as the indebted property company has not provided clarification about a key interest payment.In economic news, the Commerce Department reported an unexpected increase in U.S. new home sales in August.Crude oil prices climbed Friday and front-month WTI oil futures contracts saw gains for a fifth straight week amid tighter supplies. West Texas Intermediate Crude oil futures for November rose $0.68 or 0.9 percent at 73.98 a barrel. WTI Crude futures gained 2.8 percent for the week.

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