Plasma Text Effect

Continue by entering the next window Layer – Layer Style – Blending Options… and set the following adjustments shown here:



Change the layer's Blending Mode on Linear Dodge.



Make a copy after that of the fractals' layer: Layer – Duplicate Layer (ctrl+j) and place the copy above the text's layer. Change the layer's Blending Mode on Screen and create a mask out of this layer: Layer – Add Layer Mask – Reveal All. Then make use of the Gradient Tool of black color to hide a part of it: