Can Chasen Shreve be an effective reliever again?

For left-handed reliever Chasen Shreve, the last few years have been a rollercoaster. After being drafted by the Atlanta Braves in the 11^th round of the 2010 draft, Shreve made his debut in 2014, with a 0.73 ERA in 15 appearances out of the Braves' bullpen. He was promptly shipped to the Yankees for former standout prospect Manny Banuelos, and wasn't even considered to be the major part of the deal. Reliever David Carpenter was supposed to join Dellin Betances and Andrew Miller to form a bullpen that was comparable to the Royals.