The first you will open this picture:
And open picture below, use Magic wand tool to remove white background
In layers window, you will have:
Change blending mode of layer 1: Overlay
You will get the result like this:
Duplicate layer 1:
The effect has become more clear
Go to Blending Options of layer 1 (or layer 1 copy) and set something like the picture below:
after that, you will get:
Select fire layer, then go to Filter / Brushes Stroke / Ink Outlines
Duplicate this layer, use Magic Wand, click on dark areas of the picture then press Delete 2 or 3 times
Now you will create a new layer, pick Brush tool, set the color is white, draw an eye of dragon like the picture below:
Change blending mode of eye layer: Overlay
Duplicate 5, 6 times
Merge all of layers, press Ctrl + Shift + E
Duplicate this layer then apply filter to this layer copy: Filter / Stylize / Emboss
Soft Light
Continue to use Magic Wand one more time, select dark areas and press Delete
You will get the result like this:
Merge all of layers one more time, press Ctrl Shift E, use Dodge and Burn tool to brush mark areas below:
You will have:
Add some text that you like
Finally, this is my final result ^_^
More Tutorials: 
