I would do a massive water change. There's no sense in letting all the excess nitrite just sit in the tank. The bacteria you are trying to cultivate prefer levels on the order of 0.14ppm, not 5+ppm. So, the water change will do TWO things for you. First, it will enable you to easily raise the pH by taking out the nitrAtes that caused the creash. Second, it will remove the excess nitrItes that will cause the wrong bacteria to increase.
Add baking soda to raise the pH after refilling with dechlorinated water. You can either add the dechlorinator to the tank for the entire volume of water the tank holds, or you can add it to each bucket individually for the amount the bucket holds. The baking soda will raise the pH, and you want it to be around 8.4 or so. That is the range that is optimal for the bacteria growth you are trying to achieve.
It looks like you've already dropped your dosage, so just wait it out a little more.
currently cycling 160litre tank, by adding a small splash of pure ammonia in each day. The ammonia is getting processed quickly (partly due to tank being planted). Tank at 30C degrees
had nitrites off charts for about 3 weeks.
eventually tested pH and realised it was low too (6.2 ish)
did 95% water change, nitrites still off charts, chucked some 'pH up' powder (which is prob just bicarb) in
next day...nitrites still off the charts
did 2nd 95% water change, nitrites at 0.5ppm
next day...nitrites back off the charts
did 3rd 95% water change, nitrites at 0.5ppm
next day...nitrites back off the charts.
started to get a bit miffed at this point, so got an eyedropper and started measuring the ammonia drops each day
(yes i should have done that from day 1 )
i added 8 drops a day, and changed 27Litre of water a day (got tired of doing 95%)
still getting nitrites off charts 24 hours later
added a 2nd airstone to tank
started just putting in 4 or 5 drops of ammonia a day
finally i've had a couple of days in a row where nitrites are 0.5ppm without doing water change..so hopefully i'm close now to being cycled
just posting this as FYI for the OP, confirming that the same things eagleaquarium said to do, seem to work..just might take a couple of days to see results
right
i should of read this first
by the way i have not had a nitrAte spike yet