Yes, it does look like you are probably at the next stage of your cycle, if your ammonia has been staying at 0 for 3 days. If your nitrite is reading 5, definitely do water changes immediately to get it down to 0, or at least to under .25. Keep doing the water changes as long as you are seeing any nitrite. Once your nitrite goes down and remains at 0 for a few days (nitrate will stay steady or increase), you will be done cycling! At that point, just do water changes to get nitrates down below 20, and from then on, you will just have to do regular weekly water changes to keep nitrates in check and you'll be good to go.