On 14th March I published an article on the TokenStars project's TEAM token, noting that it appeared to have broken bullish against BTC and seemed to be trending upwards.
At the time of publishing the price per token was 118 satoshis. Since then we have seen a nice bull move reaching a high point of 287 sats, followed by a pullback. During that pullback the 150 sat level, which was the major resistance level during the upwards movement, has provided support and a bounce from that price point now seems to have taken place (this old resistance turned support is shown as a red line in the included image, with the arrow showing my March 14th buy call).
I'm thinking that this confirms that the broader bull trend is still intact and has more room to run. I wouldn't be surprised to see this one breaking past the previous high of 287 within the next couple of months and moving up to the next major resistance level ~400 sats pretty rapidly.
Trading volume is still very low, which can make small caps like this difficult to trade, but it has increased significantly. At the time of my last post the token was only traded on Bit-Z exchange, where volume was averaging just a little bit under 0.5btc per day. Since then it has been added to a new exchange - BitRabbit - and total daily volume across both exchanges is now around 1.5btc.
There has also been some great news out from this project recently, including a partnership with Patron, more new sports personalties coming on board and some cool bounties.
In short: I think this one is still a great buy if you want to take the risk on a low cap altcoin with nice potential profits!