diff --git a/gto/api.py b/gto/api.py
index 155a8944..53937b23 100644
--- a/gto/api.py
+++ b/gto/api.py
@@ -383,7 +383,7 @@ def format_hexsha(hexsha):
         commits + registration + promotion,
         key=lambda x: (x["timestamp"], events_order[x["event"]]),
     )
-    if ascending:
+    if not ascending:
         events.reverse()
     if artifact:
         events = [event for event in events if event["artifact"] == artifact]
diff --git a/gto/base.py b/gto/base.py
index 34ab38df..a58cacf0 100644
--- a/gto/base.py
+++ b/gto/base.py
@@ -58,6 +58,44 @@ def dict_status(self):
         return version
 
 
+def sort_versions(
+    versions,
+    sort=VersionSort.SemVer,
+    ascending=False,
+    version="name",
+    timestamp="created_at",
+):
+    def get(obj, key):
+        if isinstance(obj, dict):
+            return obj[key]
+        if isinstance(obj, BaseModel):
+            return getattr(obj, key)
+        raise NotImplementedError("Can sort either dict or BaseModel")
+
+    sort = sort if isinstance(sort, VersionSort) else VersionSort[sort]
+    if sort == VersionSort.SemVer:
+        # sorting SemVer versions in a right way
+        sorted_versions = sorted(
+            (v for v in versions if SemVer.is_valid(get(v, version))),
+            key=lambda x: SemVer(get(x, version)),
+        )[:: 1 if ascending else -1]
+        # sorting hexsha versions alphabetically
+        sorted_versions.extend(
+            sorted(
+                (v for v in versions if not SemVer.is_valid(get(v, version))),
+                key=lambda x: get(x, version),
+            )[:: 1 if ascending else -1]
+        )
+    else:
+        sorted_versions = sorted(
+            versions,
+            key=lambda x: get(x, timestamp),
+        )[:: 1 if ascending else -1]
+    # if ascending:
+    #     sorted_versions.reverse()
+    return sorted_versions
+
+
 class BaseArtifact(BaseModel):
     name: str
     versions: List[BaseVersion]
@@ -82,44 +120,14 @@ def get_versions(
         sort=VersionSort.SemVer,
         ascending=False,
     ) -> List[BaseVersion]:
-        sort = sort if isinstance(sort, VersionSort) else VersionSort[sort]
-        all_versions = [
+        versions = [
             v
             for v in self.versions
             if (v.is_registered and not v.discovered)
             or (include_discovered and v.discovered)
             or (include_non_explicit and not v.is_registered)
         ]
-        if sort == VersionSort.SemVer:
-            # sorting SemVer versions in a right way
-            versions = sorted(
-                (v for v in all_versions if not v.discovered and v.is_registered),
-                key=lambda x: x.version,
-            )
-            # sorting hexsha versions alphabetically
-            if include_non_explicit:
-                versions.extend(
-                    sorted(
-                        (
-                            v
-                            for v in all_versions
-                            if not v.discovered and not v.is_registered
-                        ),
-                        key=lambda x: x.name,
-                    )
-                )
-        else:
-            versions = sorted(
-                (
-                    v
-                    for v in all_versions
-                    if not v.discovered and (include_non_explicit or v.is_registered)
-                ),
-                key=lambda x: x.created_at,
-            )
-        if ascending:
-            versions.reverse()
-        return versions
+        return sort_versions(versions, sort=sort, ascending=ascending)
 
     def get_latest_version(
         self, registered_only=False, sort=VersionSort.SemVer
@@ -128,7 +136,7 @@ def get_latest_version(
             include_non_explicit=not registered_only, sort=sort
         )
         if versions:
-            return versions[-1]
+            return versions[0]
         return None
 
     def get_promotions(
@@ -146,11 +154,9 @@ def get_promotions(
             promotion = version.stage
             if promotion:
                 stages[promotion.stage] = stages.get(promotion.stage, []) + [promotion]
-                # else:
-                #     stages[promotion.stage] = stages.get(promotion.stage) or promotion
         if all:
             return stages
-        return {stage: promotions[-1] for stage, promotions in stages.items()}
+        return {stage: promotions[0] for stage, promotions in stages.items()}
 
     def add_version(self, version: BaseVersion):
         self.versions.append(version)
diff --git a/gto/cli.py b/gto/cli.py
index e4ace049..b2903021 100644
--- a/gto/cli.py
+++ b/gto/cli.py
@@ -543,7 +543,7 @@ def which(
     ref: bool = option_ref_bool,
     all: bool = option_all,
     registered_only: bool = option_registered_only,
-    ascending: bool = option_ascending,
+    # ascending: bool = option_ascending,
 ):
     """Find the latest artifact version in a given stage
 
@@ -558,8 +558,8 @@ def which(
     )
     if version:
         if all:
-            if ascending:
-                version.reverse()
+            # if ascending:
+            #     version.reverse()
             format_echo([v.version for v in version], "lines")
         elif ref:
             echo(version.tag or version.commit_hexsha)
diff --git a/tests/test_cli.py b/tests/test_cli.py
index bde2c9d5..8fad266a 100644
--- a/tests/test_cli.py
+++ b/tests/test_cli.py
@@ -105,7 +105,7 @@ def test_commands(showcase):
     )
     _check_successful_cmd(
         "which",
-        ["-r", path, "rf", "production", "--all", "--ascending"],
+        ["-r", path, "rf", "production", "--all"],
         "v1.2.4\nv1.2.3\n",
     )
     _check_successful_cmd(