Creat new document with black background. Foreground color set to white, and background - black. Now creat new layer Shift+Ctrl+Alt+N and write any text.

Press Shift and click over the text to select it. Then apply Filter > Noise > Add Noise and set 150% и Uniform parametres. Then press D to unselect layer.

Then do Filter > Pixelate > Crystalize with Cell Size 3. Then go to Filter > Stylize > Find Edges and press Ctrl+I.

In the menue select Edit > Transform > Rotate 90 CW and Filter > Blur > Gaussian Blur with 0.8 and Radius. Again apply one more filter Filter > Stylize > Wind with parametres Wind and From the Right and do Edit > Fade Wind Select trancparency 80%.

Then do Edit > Transform > Rotate 90 CCW Creat new layer Shift+Ctrl+Alt+N Choose foreground color #1A9BFF and press Alt+Backspace Select new layer by pressing ALT. And now replace Blending Mode to Overlay 

Create another layer Shift+Ctrl+Alt+N. Select our text and fill it with #000761 color. Then press Ctrl+D, and apply white background. Then apply new filter Filter > Artistic > Neon Glow Then choose #002BD0 color: Glow Size  -8, and Glow Brightness  19.

Do Filter > Plastic Wrap: Highlight Strength 8, Detail 14, Smoothness 7 In layer palette change Blending Mode to Overlay and set trancparency to 18%

Now you can add some stars on the top of our text using Paint Brush tool :)