Start by applying a solid color to the background layer.
Double click this layer in layer window to unflatten it. Double click the layer to open layer style window. Apply layer style with the settings shown.
Using custom shape tool create a preset 5 pont star shape.
Populate the background with stars of different sizes.
Rasterize the layer. Hide the background layer. Create a rectangular selection of the whole area using rectangular marquee tool.
From edit menu select define pattern. name the pattern "stars". We'll use this pattern regularly in later steps.
Change the layer mode of stars layer to overlay.
Using custom shape tool create a preset 5 pont star shape.
Double click the layer to open layer style window. Apply layer style with the settings shown. We'll use star pattern that we saved in pattern overlay this time.
Create an ellipse using elliptical shape tool. Press Ctrl+T. Right Click and select Warp. Adjust the nodes to get the shape as shown.
Enable "add to shape area" at the top bar. Create some lines using line shape tool.
Double click the layer to open layer style window. Apply settings as shown.
Create two tiny ellipses and place as shown.
Create an ellipse using elliptical shape tool. Enable "subtract from shape area" at the top bar. Create a rectangle using rectangular shape tool.
Duplicate the layer. Press Ctrl+T. Right click and select Flip Horizontal and change the color.
Similarly create other hand.
Create an ellipse using elliptical shape tool.
Duplicate the layer several times. Keep scaling down each duplicate and place below each other as shown.
Using pen tool create the end point of it's tail. Apply same layer style.
Create two dots for the eyes using brush tool.
Create a rectangle using rectangular shape tool and type the star sign name over it.


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