The breakout of ETHBTC through the 0.0542 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, ETHBTC could test 0.0533 within the next 8 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.
Breach of 0.0542 could mean a start of a bearish trend on ETHBTC
