I rarely look at the 1 day chart. I was just viewing it to try to analyze the movement to see if I saw anything different.

This is the same formation in the 1 month chart, which I think is using daily candles on Bittrex.

The descending triangle is even more apparent.

The formations aren't fundamentally different just because you're looking at the daily. You really need to observe multiple ones to try to determine the movement.

I just happened to be looking at the one date range when I was making this post.